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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THE CHAOS IN BURUNDI,DID NOT STOP PRESIDENT PIERRE NKURUNZIZA FROM REGISTERING FOR A THIRD TERM.

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Burundian President Pierre Nkurunziza (seated, C) registers to run for a third five-year term in office, in the capital Bujumbura, May 8, 2015. REUTERS/Jean Pierre Aime Harerimana                    Yesterday friday,Burundi's president registered for a third term in office.Hundreds of demostrators clashed with  police in the Nyakabiga district of Bujumbura on friday evening,saying Pierre Nkurunziza's plan to run again violates the constitution and a peace deal that ended an ethnically changed civil war in 2005.Protesters earlier blocked roads and hurled stones at police,who fired teargas and water cannon to disperse crowds.Protesters say police have used live rounds but police deny shooting.Burundi's constitutional court ruled this week that Nkuruziza could stand,saying his first term did not count because he was picked by parliament rather than elected by the people.Opponents say the count is biased and have vowed to keep protesting until he withdraws from the race.They have called for the election to be delayed due to the unrest.If you ask me,Pierre Nkurunziza should not run after all it is the people that don't want you,you will govern atlast.

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