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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GENERAL DIENDERE BURKINA FASO COUP LEADER,HANDED OVER TO THE AUTHORITIES YESTERDAY.

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                                                Burkina Faso coup leader General Gilbert Diendere,was handed over to authorities yesterday thursday after seeking for refuge in the Vatican embassy.GeneralbDiendere who is a former spy chief,had sought sanctuary in the embassy in the recent days after the transitional government,tasked with guiding Burkina Faso to elections this month was returned to power after international pressure and popular protests.A military source said Jean Baptiste Ouedraogo,the former president of Burkina Faso,escorted the former putschist to the capital Ouagadougou's main gendarmerie camp in a heavily armed convoy.General Diendere said he had led the coup because of proposals to dismantle the elite presidential guard,the RSP,and to exclude allies of deposed president Blaise Compaore from running in this month's scheduled presidential election.The putsch lasted a week and the government was restored last wednesday.During its first post coup cabinet meeting it formally disbanded the RSP and launched an inquiry into military power-grab.

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