INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

3 DEAD AS FRENCH TROOPS CLASH WITH CROWDS IN CENTRAL AFRICAN REPUBLIC.

Protesters carry a man who was shot by French soldiers after French troops opened fire at protesters blocking a road in Bambari May 22, 2014. REUTERS-Goran Tomasevic              According sources,three civilians were killed in Central African Republic today thursday as hundreds of muslims armed with rifles and machetes clashed with French peace keeping troops trying to disarm members of the Rebel Seleka coalition in the town of Bambari.A rebel spokesman said ''The french troopa had opened fire on a crowed of protesters,killing three civilians and wounding six''.A french official denied this by saying the french had fired warning shots into the air after coming underfire themselves.More photos below.                                                                                                                                                           Men shout slogans against French troops during a protest in Bambari May 22, 2014. REUTERS-Goran TomasevicMen stand facing French soldiers as they block a road which French army vehicles were travelling on, during a protest in Bambari May 22, 2014. REUTERS-Goran TomasevicProtesters carry a man who was shot by French soldiers after French troops opened fire at protesters blocking a road in Bambari May 22, 2014. REUTERS-Goran Tomasevic

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).