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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FILIPE NYUSI,WAS SWORN IN AS MOZAMBIQUE'S NEW PRESIDENT TODAY.

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                                                        Today thursday Filipe Nyusi was sworn in as Mozambique's new President,following his contested election victory last October,promising to modernise the economy and maintain peace in the east African state.Opposition leader Afonso Dhlakama,whose Renamo party says last year's vote was fraudulent,boycotted the ceremony.Earlier this month,the former civil war rebel chief,threatened to split the country in two because of the election row.One more photo below.                                                               

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