In a large bowl mix all the ingredients under the chicken section and marinate it for 5 minutes. (If time permits)
Whisk all the ingredients under sauce and keep aside while your chicken is marinating.
In a pan, heat oil (2-3tbsp) and fry the chicken pieces on medium flame stirring occasionally until crisp and golden on the outside and evenly cooked from the inside (3-4 min). Once done transfer the chicken onto a plate.
Next heat 2 tbsp oil in a pan, add chopped ginger and garlic and fry until garlic becomes fragrant.
Add dried red chilies and cubed red and green bell peppers. Stir fry it for a few seconds.
Give the prepared sauce a mix, then pour it into the pan and bring it to a boil.
In a small bowl mix together cornstarch and water and add it to the sauce.
Add green onions, grounded black pepper, and fried chicken to the pan and mix all the ingredients in the sauce until the chicken is evenly coated and the sauce thickens.
Stir in peanuts, toss well, and cook for 2 minutes. Serve hot with rice and enjoy.