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

PDP CONDEMNS THE REPEATED SNUBBING OF THE SENATE BY THE IGP TODAY.#PRESS RELEASE.

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   In an official statement issued by the Peoples Democratic Party
May 9, 2018
Press Statement
IGP: Nigeria Drifting Towards Totalitarianism

  The Peoples Democratic Party (PDP) condemns in its entirety the repeated snubbing of the Senate by the Inspector General of Police (IGP), Mr. Ibrahim Idris, who, had for the third time, shunned the Senate invitation over the worsening security situation in our nation.
PDP notes that this deliberate assault on our democratic process, willful denigration of the National Assembly and recourse to totalitarianism has not been reprimanded by President Muhammadu Buhari, as the chief security officer of the nation.
It is instructive to state that never in our democratic history as a people and a nation, has a service chief or an inspector general of police treated the National Assembly with as much dishonor and disdain like the current IGP.
All over the world, the legislature is a bastion of democracy and our constitution, in recognition of this, provides a special place for our National Assembly, as the representatives of the people, to serve as a check on the executive arm.
We therefore condemn this offensive on our democracy by IGP Idris as well as the deliberate insult being heaped on each of our legislators by appointees of President Buhari.
We invite Nigerians to note that totalitarianism does not begin in a day. It starts from a deliberate disrespect to statutes, laws and institutions that engender democracy and rule of law.
Consequently, the PDP, as a party, urges the President of the Senate and senators to protect the institution of the legislature and our democracy by not limiting their action only to finding Mr. Ibrahim Idris as “unfit” to hold public office.
The PDP, therefore, charges the Senate to take the next step within their legislative instrument and powers to restore the respect and dignity which the generality of Nigerians and the 1999 Constitution (as amended) bestow on them.
Signed:
Kola Ologbondiyan 
National Publicity Secretary
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