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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12 PEOPLE KILLED AS ISLAMIC REBELS ATTACKS SOMALIA INTELLIGENCE SITE.

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Residents gather near a destroyed car after an attack by suspected militants at the Jilacow underground cell inside a national security compound in Mogadishu August 31, 2014. REUTERS-Feisal Omar            According to Mohamed Yusuf,spokesperson for the Ministry of Securities in Somalia,said that ''Islamic rebels blew up a car bomb on sunday and gunmen attacked a national intelligence site in Somalia's capital where suspected militants were held,living 12 people dead.Three soldiers and two civilian's were killed along with seven militants,including the suicide bomber who detonated the vehicle packed with explosives.The aim of the militants was to reach the underground cells where other militants were detained''.At the end of the attack,all the attackers perished.More photos below.                                                                                     A Somali government soldier holds his fighting position against suspected militants during an attack at the Jilacow underground cell inside a national security compound in Mogadishu August 31, 2014. REUTERS-Feisal OmarSomali government soldiers hold their position against suspected militants during an attack at the Jilacow underground cell inside a national security compound in Mogadishu August 31, 2014. REUTERS-Feisal Omar

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