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

PARTY CONGRESSES : WE WERE FAIR TO ALL- APC.

Image result for apc logo             The Ogun State chapter of All Progressive Congress APC has stated that the 
recently conducted ward congresses of the party was duly held with full compliance with the constitution of the party A group led by Hon. Kunle Adesina had alleged that the congresses were improperly conducted. Specifically Adesina alleged that party members who according to them were not in the good books of the state governor, Sen.Ibikunle Amosun, were denied participation in the exercise.However, the party, through a statement by its Publicity Secretary Sola Lawal, maintained that every bonafide member of the party who was available at the venues of the congresses across the state participated and voted.“A Five -man Congress Committee headed by Alhaji Bashir Machina was sent to Ogun State by the National Organ of the party as was the case in all the 36 States in the country to conduct the congress. The group did its job and turned in its report to the national secretariat”.“Subsequently Congress Appeal Panel also came, spent four days without a single petition filed with it. If any one now suddenly woke up to cry marginalization it would be a mere after thought”.The party maintain that any of its members across the State who claimed not to be aware of the congress could not and should not lay claim to the membership of our great party, APC, since mobilization was done through the media Nationally, a process which Ogun state chapter of the party complemented by embarking on media announcement throughout the state some days before the congress. The party debunked insinuation of factionalisation within its rank stating that division , if ever there was one ended with the 2015 election. Nigerians will recall that some months to the 2015 election, a group of some supposedly loyal and founding members of the party factionalized the party and publicly renounced its membership of the party and went ahead to join the Social Democratic Party and worked vigorously against our party APC in all elections – House of Assembly, House of Reps, Senate, Governorship and the Presidential.We hope the same set of people and their co travelers are not desperate to recreate what they did in 2015 – as we move towards 2019“As democrats, the doors of our party in Ogun State remain wide open to all as long as they operate within the ambit of the party’s constitution, rules and regulation.
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