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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2023: PDP NWC TO APPEAL COURT JUDGEMENT ON OGUN STATE CHAPTER.(PHOTO).#PRESS RELEASE.

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October 5, 2022
 
Press Statement
 
2023: PDP NWC To Appeal Court Judgement on Ogun State Chapter
 
The National Working Committee (NWC) of the Peoples Democratic Party (PDP) at its meeting on Tuesday, October 4, 2022 thoroughly reviewed the situation in its Ogun State Chapter, as it relates to the judgement of the Federal High Court sitting in Abeokuta in Suit No. FHC/AB/CS/83/2022 delivered on September 27, 2022.
 
The PDP is dissatisfied with the judgement of the Federal High Court, presided over by Hon. Justice O.O Oguntoyinbo, which directed the Ogun State Executive of the Party to conduct a fresh primary to nominate candidates for the 2023 general elections.
 
In his judgment, Hon. Justice Oguntoyinbo held thus “I hereby Order that fresh primary elections be conducted by the current Ogun State Executives of the 2nd Defendant (Peoples Democratic Party) for the nomination of candidates for elective positions i.e House of Assembly, House of Representatives, Senatorial and Governorship elections within 14 days”.
 
After a comprehensive review and extensive consultations with Party leaders and critical stakeholders particularly in Ogun State, the NWC has resolved to appeal the Judgment.
 
Consequently, the NWC has directed the National Legal Adviser of the Party to commence all actions necessary to appeal the judgement.
 
The PDP urges all candidates of our Party in Ogun State, all critical stakeholders, Party members and our teeming supporters to remain focused and not allow themselves to be distracted as the PDP rally Nigerians to Rescue, Rebuild and Redirect our nation from the misrule of the All Progressives Congress (APC).
 
Signed:
 
Hon. Debo Ologunagba 
National Publicity Secretary

 

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