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

INAUGURATING BUHARI ON JUNE 12 CANNOT CONFER LEGITIMACY ON RIGGED ELECTION-PDP.{PHOTO}.#PRESS RELEASE.

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     The Peoples Democratic Party (PDP) derides the President Muhammadu Buhari Presidency and the All Progressives Congress (APC) for thinking that moving major events of its planned Presidential inauguration from May 29 to June 12, the democracy Day, can confer any form of legitimacy to the outcome of the rigged 2019 Presidential election.
The PDP also asserts that inviting world leaders to the inauguration cannot confer international recognition for a stolen mandate.
It is clear that the Buhari Presidency and the APC, being tormented by the guilt of violating our electoral processes, can no longer boldly approach the oath book on May 29, due to the burden of illegitimacy and now seeks refuge in the sanctity of June 12, our Democracy Day.
The Buhari Presidency and the APC from our recent history have demonstrated that they totally averse to democracy. They should therefore steer clear of our Democracy Day, having violated all our democratic ethos in manipulating the Presidential elections and upturning the mandate of the people; the same injustice which Chief MKO Abiola, the symbol of June 12, fought and died for.
Chief Abiola stood and died for democracy. Any attempt therefore to schedule any event related to the outcome of the rigged 2019 Presidential election on June 12 would be an open desecration of the sanctity of the Democracy day and a direct assault to the sensibilities of Nigerians.
Moreover, the PDP rejects this absurd desperation by the Buhari Presidency and the APC to overshadow the import of our Democracy Day and stifle the quest by Nigerians to vent their anger against the democratic violations of the APC administration in the last four years.
The PDP counsels the Buhari Presidency to note that trying to seize our Democracy Day cannot confer legitimacy to a rigged election, neither can it erase the litany of violations including human rights abuses, assault on democratic institutions, particularly the Legislature and the Judiciary; clamp down on opposition figures, clipping of the media, extra-judicial killings, arbitrary arrests and illegal detention of citizens, and the rigging of the 2019 Presidential election.
The PDP wants the Buhari Presidency and the APC to understand that what is paramount to majority of Nigerians now is the retrieval of the stolen mandate, which they freely gave to Atiku Abubakar, at the tribunal so that our nation can enjoy the values of freedom, justice, fairness and equity embedded in our constitutional democracy.
Signed:
Kola Ologbondiyan
National Publicity Secretary
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