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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PETER OBI: IYORCHIA AYU AND HIS NATIONAL WORKING COMMITTEE DESTROYING PDP - DEJI ADEYANJU.(PHOTO).

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PETER OBI: IYORCHIA AYU AND HIS NATIONAL WORKING COMMITTEE DESTROYING PDP - DEJI ADEYANJU




Kogi-born activist Deji Adeyanju has blasted the Ayu-led National Working Committee of the PDP as prominent members dump the umbrella party. This came after former governor and current presidential aspirant Peter Obi of Anambra state announced his decision to dump the party.

In his statement Deji said, "Iyorcha Ayu and his NWC members are destroying the PDP. Key members are leaving the party already. There is an exodus out of PDP in the South East due to bad congresses and blatant imposition and undemocratic practices especially by Sam Anyanwu, the National Secretary & the NOS."

He continued by saying, "Imagine how heartless and unreasonable Ayu and his dollars hungry folks are, they couldn’t even leave Anambra for a candidate so popular like Peter Obi. They imposed a fraudulent delegate process on the state."


 

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