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
Today tuesaday,U.S based Human Rights Watch in Congo accused police in Congo of executing atleast 51 people in an anti-gang operation and of being responsible for the disappearance of 33 more people.The operation was launched a year ago to tackle criminal gangs in the Kinshasa.The Human Right group,accused police involved in operation Likofi of executing unarmed young men at home in front of family members and in markets in an attempt to intimidate the local population.Interior Minister Richard Muyej said ''Cases of misconduct have been presented to the justice system.For us,transparency is important......Before the courts,there are cases of police who were involved in the operation.We are transparent in all of this''
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