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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INSECURITY: BUHARI'S ''SURPRISED'' COMMENT SHOWS HE IS OVERWHELMED,HAS NO SOLUTIONS-PDP BACKS CALLS FOR HIS RESIGNATION.{PHOTOS}.#PRESS RELEASE.

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      January 29. 2020
Press Statement
The Peoples Democratic Party (PDP) has described the comments by President Muhammodu Buhari expressing surprise at the heightened insecurity across the country as defeatist, demoralizing and traumatizing.
The PDP states that by this comment, President Buhari has displayed a disheartening dereliction of duty, directly admitted that he is overwhelmed and lacks the required capacity to articulate and implement any solutions to the escalated insurgency, banditry, kidnapping, bloodletting and increased wave of violence under his administration.
Our party holds that such a statement from a Commander-in-Chief, who promised to lead from the front, is distressing as it further exposes an abdication of duty and shows that Mr. President is not even abreast of his major task in governance which is the security of lives and property.
The PDP is particularly worried over this apparent display of leadership failure as Mr. President ought to be receiving a daily brief from his service Chiefs on the actual situation on ground.
His comment therefore speaks volumes on the manner with which the security of our nation is being handled at the highest levels despite the huge resources reportedly committed to security issues by the Buhari administration.
The PDP notes that such development has further eroded the confidence Nigerians repose on the Buhari Presidency for solutions, especially given his failures to rejig his security high command in the face of failures and demands by well-meaning Nigerians.
The party therefore backs the call by the Senate Minoriry Leader, Senator Eyinnaya Abaribe, asking President Buhari to resign.
Signed:
Kola Ologbondiyan
National Publicity Secretary.
More photos below.
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