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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PDP EXPELS NNAMANI, OGBU,AJIJOLA OTHERS FROM THE PARTY. (PHOTO).#PRESS RELEASE.

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 February 10, 2023


Press Statement


PDP Expels Nnamani, Ogbu, Ajijola Others from the Party


The National Working Committee (NWC) of the Peoples Democratic Party (PDP) at its 566th meeting today, Friday, February 10, 2023, approved the expulsion of the following individuals from the Party for anti-Party activities and other grave offences in violation of the Constitution of the PDP (as amended in 2017)


Those expelled from the Party are:


1. Senator Chimaroke Nnamani - (Enugu State)

2. Hon. Chris Ogbu          - (Imo State)


Others are:


1. Ajijola Lateef Oladimeji -(Ekiti Central) 

2. Olayinka James Olalere  -(Ekiti Central II)

3. Fayose Oluwajomiloju John -(Ekiti Central I)

4. Akerele Oluyinka  -(Ekiti North I)

5. Emiola Adenike Jennifer  -(Ekiti South II)


The expulsion takes effect from today, Friday, February 10, 2023.


The decision of the NWC is sequel to the recommendation of the National Disciplinary Committee and pursuant to Sections 58 and 59 (1)(g) of the PDP Constitution (as amended in 2017).


The PDP charges all members of our Party across the country to remain united and focused on the mission of our Party to Rescue, Rebuild and Redirect our nation from misrule.


Signed:


Hon. Debo Ologunagba 

National Publicity Secretary

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