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
Today wednesday,South Sudan's president signed a peace deal to end a 20 month conflict with rebels but he told regional African leaders at the ceremony in Juba that he had serious reservations.President Salva Kiir,who led South Sudan since it seeded from Sudan in 2011,asked for more time for consultations last week,drawing threats of UN sanctions if he failed to sign the peace deal with a two week deadline.Kiir said ''With all those reservations that we have,we will sign this document''.His long time rival and rebel leader Riek Machar,who is expected to become the first vice president under the deal,signed the document since last week in the Ethiopian capital.The conflict erupted in December 2013 after a power struggle between Machar,an ethnic Nuer,and Kiir from the dominant Dinka group.The deal follows month of on off negotiations,hosted by Ethiopia,and several broken ceasefire agreements.Rebels said they captured a town South of Juba today wednesday after their troops were attacked,and that there had been others fighting with government forces.Kiir told the ceremony that rebels launched a raid in the north of the county earlier in the day.''Now you can see who is for peace and who is for continued war''.Machar was Kiir's deputy until he was sacked in 2013 under the deal,he is expected to become Kiir's top deputy again.One more photo below. 
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