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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I CAN'T BE INTIMIDATED TO RESIGN, SATS PDP CHAIR. (PHOTO).

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  I can’t be intimidated to resign, says PDP chair 


The Acting National Chairman of the Peoples Democratic Party, Ambassador Umar Damagum, has confidently stated that no one can pressure him into stepping down from his position.


It is important to note that the PDP has been dealing with internal disputes both before and after the 2023 elections.


Damagum has been repeatedly blamed by party members for contributing to the ongoing crisis.


He said ” Let me send a message to everyone talking about Damagum this, Damagum that – I cannot be intimidated. The more you mention me, the more popular I become.”


He mentioned that the criticisms only enhanced his popularity, and he is even considering running for the presidency due to this increased recognition.


While speaking at the ongoing inauguration of the National Reconciliation and Disciplinary Committees, chaired by Olagunsoye Oyinlola and Tom Ikimi respectively, Damagum expressed frustration with individuals who lack knowledge of the National Working Committee operations yet spread misinformation to the public.

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