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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RESOLUTIONS OF THE MEETING OF PDP NWC AND PARTY CAUCUS IN THE SENATE. (PHOTOS).#PRESS RELEASE

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July 3, 2023

Press Statement

Resolutions of the Meeting of PDP NWC and Party Caucus in the Senate 

The National Working Committee (NWC) of the Peoples Democratic Party (PDP) today, Monday, July 3, 2023 met with members of the PDP Caucus in the Senate.

At the meeting, the importance of a virile and stable opposition in the Senate and indeed the National Assembly was emphasized and the Caucus assured that it will play that important role in the defense of democracy, the interest and wellbeing of Nigerians.

The meeting condemned in its entirety the alleged subterranean moves by the All Progressives Congress (APC) to meddle with the affairs of the Minority with regards to the emergence of the Minority Leadership which is an exclusive reserve of the Minority Caucus as expressly stipulated by Constitutional provisions and Standing Rules of the Senate.

The PDP and the Senators continue with consultations on the emergence of the Minority Leadership in the Senate and are resolved to collectively present a unified leadership after due and conclusive considerations. Accordingly, the PDP will continue to provide the necessary leadership in this regard. 

Consequently, the meeting resolved that the PDP NWC communicates to the Senate President, His Excellency, Distinguished Senator Godswill Akpabio, on the on-going consultation in the Minority Caucus to the effect that the nominations into the Minority leadership positions in the Senate has not been concluded and that upon conclusion, the nominated list will be formally conveyed to him appropriately for necessary action.

The PDP NWC commends the members of the PDP Caucus in the Senate for their unity, steadfastness, loyalty to the Party and commitment towards the sustenance and deepening of democracy in our country.

Signed:

Hon. Debo Ologunagba 
National Publicity Secretary.
More photos below. 


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