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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BURKINA FASO NEW MILITARY RULER ZIDA,PLEDGED TO HAND OVER POWER TO A CIVILIAN.

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Lieutenant Colonel Yacouba Isaac Zida meets with opposition leaders in Ouagadougou, capital of Burkina Faso, November 2, 2014. REUTERS/Joe Penney                On saturday the military appointed Lientenant Colonel Isaac Zida,the deputy Commander of the elite presidential guard,as provisional head of state,a day after President Blaise Compaore stepped down and fled to neighboring Ivory coast.In a statement today,Colonel Isaac Zida pledged to hand power to a civilian transitional government.The chaos that followed the army's move to take control of the transition drew criticism from opposition politicians and international partners.Zida met with influential King of their country today today,Majority Mossi ethnic group,Naba Baongo II who said ''Lieutenant Colonel Zida and his delegation came to say that they want to hand power over to civilians and he encourage them to move in this direction.The country must regain it's peace and calm''.

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