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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PDP IS CLUTCHING AT STRAWS!-GARBA SHEHU.#PRESS RELEASE.

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       In another mendacious press release, the Peoples Democratic Party (PDP) has continued their baseless accusations regarding Hajiya Amina Zakari, a commissioner in the Independent National Electoral Commission (INEC) accusing her of partiality and casting doubts about her integrity as an electoral commissioner.
In their desperation, they forget that it was the PDP government that appointed her in the first place and they keep lying, as they have beencaught doing on so many issues, by imputing a blood relationship between her and President Muhammadu Buhari.
President Buhari and Commissioner Amina Zakari don’t share a family relationship. An inter-marriage occurred in their extended families, so the imputation of blood relationship between the President and the electoral commissioner is a simple lie.
What is even more curious about all the fuss coming from the PDP is that they, as a ruling party picked Mrs Zakari, judging her by her own merit and made her an electoral commissioner.
She served so well with distinction as can be verified from the records that President Buhari approved the recommendation that she be reappointed, as he did other PDP nominees for second-term of four years.
PDP, therefore, has no moral right to keep harassing this hardworking mother unless they have a hidden agenda.
By this statement, the PDP is guilty of scoring an own goal and two, of harassing an innocent citizen on the basis of a lie, pure and simple.
GARBA SHEHU
Senior Special Assistant to the President
(Media & Publicity)
January 4, 2019
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