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
Scotland first Prime Minister Alex Almond this afternoon resigned just hours after voters rejected independence in yesterday's historic referendum.He said he would stand down as both party leader and first minister in November to let the next generation take over the fight to lead Scotland out of the Union.Alex Salmond announced his departure at a press conference today friday afternoon.He said party paliament and country would benefit from the new leadership but he fired a warning shot at David Cameron not to go back on his promise to transfer sweeping new powers to Holyrood within six months.He was forced to accept that a majority of Scots had decided not to become an independent country.The No Campaign secured 55% of the vote to the Nationalists 45%.More photos below. 
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