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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APC NATIONAL VICE CHAIRMAN, SALIHU LUKMAN TENDERS RESIGNATION. (PHOTO).

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APC National Vice Chairman, Salihu Lukman Tenders Resignation

July 26, 2023

The National Vice Chairman of the All Progressives Congress, Mallam Salihu Lukman, has officially resigned from his position.

His resignation letter was submitted on Wednesday to the Acting National Chairman of the party, Senator Abubakar Kyari.

The development is coming one week after the former National Chairman of the party, Senator Abdullahi Adamu, and the National Secretary, Senator Iyiola Omisore, tendered their resignations.

In the copy of the letter made available to PUNCH, the Vice Chairman from the North-West region hinged his resignation on the alleged illegal acts and interference in the affairs of the party, which he claimed, was at variance with the vision of the founding fathers.

Lukman said that he opted to throw in the towel rather than remain in the party to continue his agitation and be seen as a distraction.

The letter read, “Your Excellency, I hereby kindly resign my position as National Vice Chairman, North-West of our great party, All Progressives Congress. My resignation is with immediate effect, which becomes necessary given my conviction that the atmosphere in the party is completely at variance with the founding vision of forming a progressive party.

“Rather than remaining in the leadership of the party and becoming a source of distraction for leaders and especially for the young government of President Asiwaju Bola Ahmed Tinubu, it is better to excuse myself and take time off from politics.

“I will however retain my membership of the party in the hope that our leaders, especially President Asiwaju Bola Ahmed Tinubu will retract from acts that will be unjust and illegal, which is crucial to any claim of being democratic or progressive whether as politicians or as patriotic Nigerians.”

The outgoing vice chairman also applauded former Kaduna State Governor, Mallam Nasir El-Rufai, for nominating and standing by him throughout his tenure.

This is even as he promised to continue to support the party in every way that he can.

“I wish to convey my sincere gratitude to our leaders in Kaduna, especially Mallam Nasir Ahmad El-Rufai for finding me worthy of nomination to serve at the highest level of the party’s leadership.

“I do hope all our leaders will appreciate that I am left with no option in the circumstance. I wish the party and all our leaders, especially President Asiwaju Bola Ahmed Tinubu all the best and will continue to give my modest support towards the success of the party from the background,” he said

 

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