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

30 CIVIL SERVANTS,KIDNAPPED IN MALI.

                30 civil servants were aducted by Tuarey MNLA separatists in Mali's northern town of Kidal during fighting on Saturday that also wounded 23 government soldiers.Fighting erupted early on Saturday ahead of the arrival of Prime Minister Moussa Mara,who was visiting Kidal for the first time since his appointment last month.He is seeking to revive long delayed peace talks with northern armed groups.Adama Kamissoko said ''Some 30 of our civil servants were kidnapped by the assailants who attacked the governor's office.There were 23 wounded,including three who were seriously injured were evacuated by helicopter''.A Malian military man said ''Te gun battle erupted after MNLA fighters aboard two pickup trucks attacked an army checkpoint infront of the governors office.Mean while a spokesman for the MNLA said the army attacked first,opening fire on the group's barracks following pro-independence protests in the town.                               

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).