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
The government has blamed Nigeria's militant group Boko Haram for the attacks which killed more than 20 people on monday.Prime Minister Kalzeube Pahimi Deubet said in a speech to religious leaders yesterday that ''Wearing the full face veil which is also called ''Burqa'' must stop immediately from today,not only in public places and schools but through-out the whole of the country {Chad}.Any type of clothing that leaves only the eyes visible is a form of camouflage and is now banned.All religious leaders should spread the message in their Mosque,Churches and holy places.Instructions had been given to security forces to go into the markets and to seize all the burqas on sale and burn them''.
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