INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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REPS MOVE TO INCREASE FCT HIGH COURT JUDGES FROM 70 TO 100.(PHOTO).

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 Reps Move to Increase FCT High Court Judges from 70 to 100


On November 21, 2024, the House of Representatives passed a Bill for a second reading seeking to increase the number of High Court Judges in the Federal Capital Territory (FCT) from 70 to 100. Sponsored by Deputy Speaker Benjamin Kalu and other lawmakers, the Bill aims to address the growing backlog of cases in the FCT High Court, which has been struggling with an increasing workload. The proposed amendment seeks to enhance judicial capacity, improve timely justice, and bolster public confidence in the legal system. The Bill has been referred to the Committee on FCT Judiciary and Constitution Review for further action.

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