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

COVID19: PDP CALLS FOR MORE STRINGENT MEASURES AGAINST SCOURGE.{PHOTOS}.#PRESS RELEASE.

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     March 17, 2020
Press Statement
Covid19: PDP Calls For More Stringent Measures Against Scourge
The Peoples Democratic Party (PDP) charges the Federal Government to step up its actions, move beyond rudimentary interventions and adopt more stringent measures to further safeguard our nation from the Covid19 pandemic.
While noting the steps so far being taken, the PDP is however worried that the current approach still falls short of the required pre-emptive measures, thereby leaving gaps that expose our nation to avoidable risks.
The PDP observed that Nigeria is a strategic international hub. As such, the Federal Government should adopt stringent pre-emptive measures by radically stepping up our international ports and border screening as well as quickly improving our internal surveillance and hygiene monitoring system.
Our party holds that the Federal Government should also go beyond its proposed secondary screening of travellers from certain countries and extend the measure to all international flights coming into the country, given the prevalence of connecting flights and land border crossing by international air travellers.
Also, the Federal Government should ensure that domestic airlines undertake proper screening of passengers as well as fumigation of their aircrafts to guarantee the safety of air travellers within Nigeria.
The PDP urges the Federal Government to take immediate steps to create more screening centers and lead in providing more screening equipment in all our airports, seaports, land borders as well as crowded places such as schools, market places, commercial vehicle terminals, public work places, religious gatherings, among others.
The party also counselled the authorities to mobilize a more concerted effort against the pandemic, remain open, resist the temptation of false performance claims and keep Nigerians adequately informed on the true position of issues at all times.
The PDP called on Nigerians to remain vigilant, ensure their personal hygiene and follow directives issued by the authorities in the collective effort to safeguard our nation from the scourge and stay safe.
Signed:
Kola Ologbondiyan
National Publicity Secretary.
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