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

PDP CELEBRATES GOV. GODWIN OBASEKI ON HIS BIRTHDAY.(PHOTO).#PRESS RELEASE.


July 1, 2022

Press Statement

PDP Celebrates Governor Godwin Obaseki on Birthday 
…Says He is an Excellent Administrator, Fearless Democrat 

The Peoples Democratic Party (PDP) congratulates the Governor of Edo State, His Excellency Governor Godwin Nogheghase Obaseki, as he marks his 65th birthday.

Governor Obaseki is a very courageous leader, visionary administrator and one of the contemporary leading lights of our nation, who remains steadfast in his commitment toward national unity, stability and economic development.

Over the years, Governor Obaseki has distinguished himself as a practical, ingenious and prudent manager of resources, which qualities he has employed to transform Edo State with unparalleled human capital and infrastructural development in critical sectors including healthcare, education, agriculture, oil and gas, housing, transportation among others. 

Our Party notes with pride, Governor Obaseki’s landmark development projects including the Modular Refinery Project, the Gelegele Seaport Project, the Benin Industrial Park, a viable health and education system, job creation initiatives as well as the massive economic repositioning through the Edo State Investment Promotion Office (ESIPO). 

The PDP appreciates Governor Obaseki’s untiring roles with other leaders towards the stability, growth and success of our great Party, particularly in the mission to Rescue, Rebuild and Redirect our nation from the misrule of the All Progressives Congress (APC).

The PDP congratulates Governor Obaseki on this auspicious occasion and prays  God to bless and grant him many more years in good health in the service of our dear fatherland and humanity at large.

Signed:

Hon. Debo Ologunagba 
National Publicity Secretary


 

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