INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
General Amadou Sanogo,former Mali coup leader starts hunger strike over his conditions while on detention.Two years ago he allowed Islamist to seize it's desert north.He was arrested and chaged with complicity in kidnapping last November with regard to the disappearance during the 2012 coup of dozens of paratroopers,loyal to president Amadou Toumani Toure.Authorities have discovered 30 bodies,some of them wearing military uniforms,in mass graves near the headquarters of the coup leaders at the military barracks in the town of Kati,just outside the capital Bamako.He is protesting over his transfer to Lakeside town of selingue prison,150km{90miles} south of Bamako.His lawyer said this had left him cut off from his family and legal advisers,deprived him of medical care and placed him in danger.''He is going to observe a hunger strike and also to abstain from medical treatment''.The current President,Ibrahim Boubacar Keita,elected last August,is under pressure to restore the state's authority over the army and to root out pockets of remaining Islamist rebels in the north.A French led military intervention last year helped break the Islamist grip over the desert region.
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