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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FORMER EGYPTIAN PRESIDENT MOHAMMAD MORSI,SENTENCED TO LIFE IMPRISONMENT.

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                       An Egyptian court sentenced ex-president Muhammad Morsi to life imprisonment today,in which in Egypt life imprisonment means 25 years in jail.He was sentenced and found guilty for conspiring with the Palestinian Islamist group Hamas,Lebanese militant group Hezbollah and Iran.The court in Cairo also sentenced 16 others to death on June 16,mostly members of Morsi's muslim brotherhood party on charges of delivering secret documents about,between 2005-2019.63 year old Morsi,had been already sentenced to 20 years in jail in a separate trial for inciting violence.One more photo below.                                                     

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