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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ZAMFARA: PDP CAUTIONS POLICE OVER GUSAU+WARNS BANKS,OTHERS OVER DEALINGS WITH MATAWALLE.{PHOTO}.#PRESS RELEASE..

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 Press Statement


July 11, 2021


Zamfara: PDP Cautions Police Over Gusau…Warns Banks, Others Over Dealings with Matawalle. 


The Peoples Democratic Party (PDP) has condemned the reported attempt by the police to undermine the statutory powers of the Deputy Governor of Zamfara State, Mahdi Aliyu Gusau, given the decision of Governor Bello Matawalle to vacate his office by decamping to the All Progressives Congress (APC).

PDP’s position is predicated on the reported harassment of the Deputy Governor by the police, including an unlawful and vexatious obstruction of a planned rally by the Deputy Governor, despite the statutory powers vested in a situation where the governor has vacated his office, in line with the extant ruling of the Supreme Court.


Instead of harassing the Deputy Governor Gusau, the police, as agents of the law, should be providing him all the protection and privileges, particularly as the formal process for his official declaration given the vacation of office by Matawalle has already commenced at the Federal High Court.


The Police should know that by virtue of section 221 of the 1999 Constitution (as amended) as well as the judgment of the Supreme Court in Falake v. INEC (2016), that the Zamfara governorship mandate belongs to the PDP and that Gusau, not Matawalle, is now the holder of that mandate, given Matawalle’s willful defection to the APC. 


The PDP’s mandate is in no way transferable to the APC and the police and all security agencies should be guided by this.


The PDP also cautions banks and other financial institutions to be wary of unapproved financial transactions with cronies of Governor Matawalle, particularly, given the alleged moves to sweep the coffers of the state ahead of Matawalle’s inevitable eviction by the court.


Such institutions should be very circumspect in their dealings with impostors who have since ceased to represent the state, immediately Matawalle defected to the APC.


The PDP calls on Deputy Governor, Mahdi Aliyu Gusau, to remain resolute and not be deterred in any way as the people of Zamfara state are solidly behind him in resisting imposters and deserters at this trying time.


The party also urges the people of Zamfara state to remain united as the mandate, which they willingly gave to the PDP, will never be allowed to be stolen by traitors.


Signed:


Kola Ologbondiyan

National Publicity Secretary

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