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
A Hospital source said,Bomb's found at an abandoned strong hold of Boko Haram Islamist exploded,killing at least 13 people and injuring 45 others.The two devices went off as people were taking them past a market to be defused at a military base yesterday tuesday afternoon.The two explosives were found in a bag on the side of a road outside the town of Monguno in Borno state.Umar Zanna,a member of a Local militia force set up to defend the town said ''The bombs killed 10 of our members and three other persons nearby''.A Doctor from the hospital where the 45 people are being treated {name with held} said ''we have commenced treatment of the 45 people who were injured from the blast''
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