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

COVID-19: PDP ASKS FCT TO PROSECUTE SGF,OTHERS.{PHOTOS}.#PRESS RELEASE.


Image may contain: one or more people      April 21, 2020
Press Statement
COVID-19: PDP Asks FCT To Prosecute SGF, Others
The Peoples Democratic Party (PDP) notes the apology by the Secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force on COVID-19 pandemic, Boss Mustapha, on the violation of health safety and social restriction directives by certain government officials during the funeral of the late Chief of Staff to the President, Mallam Abba Kyari.
Our party understands that the apology came after widespread condemnation of the conduct of such government officials and other individuals at the funeral.
The PDP describes as unfortunate that those who make and enforce rules over ordinary Nigerians were found directly violating the same rules with impunity, thereby compromising the efforts to check the spread of the pandemic in our country.
Our party holds that the SGF and other government officials including PTF members ought to have shown respect to the memory of Mallam Kyari by conducting themselves in a manner that should have served as a guide to other Nigerians in the fight against COVID-19.
This, therefore, is not an act that an apology by the SGF will serve as enough, as it does not drive home the issue at stake to the public as well as to government officials.
Consequently, the PDP charges the Federal Capital Territory (FCT) authorities, in line with its actions against ordinary Nigerians who had flouted the rules, to immediately prosecute all government functionaries involved in this violation.
Nigerians had all watched how the FCT prosecuted residents at various mobile courts across the territory. Justice would therefore only be done and of course, seen to have been done, if the FCT toes the same line in this instance.
Nigeria as a nation is governed by the constitution in which all Nigerians are deemed equal before the law. Our officials must learn to respect rules made and enforced by them, particularly at this trying time.
The PDP however urged Nigerians not to allow this development to make them lose faith in the over all mutli-sectoral effort to contain the COVID-19 pandemic.
The PDP also charges all citizens to redouble their efforts in adhering to the restriction order as well as health safety directives of social distancing and personal hygiene, adding that with the concerted effort of all, the nation will defeat the scourge.
Signed:
Kola Ologbondiyan
National Publicity Secretary.
More photos below.
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Image may contain: one or more people and text

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