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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GUINEA BISSAU PRESIDENT ''JOSE VAZ'',SWORE IN NEW CABINET TODAY.

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                                                     Today tuesday,Guinea Bissau's President Jose Mario Vaz,swore in new cabinet to end a two month crisis in the country.Guinea Bissau has been without regular government since President Jose Vaz,dismissed his political rival,Prime Minister Domingos Simoes Pereira,on August 12 pitching the tiny former Portuguese colony into an institutional crisis.President Jose Mario Vaz,who was elected last year said at the swearing in ceremony that ''The challenges facing this government are enormous and complex.That is why they must be tackled immediately''.The new cabinet excludes Pereira,who was on the list of ministers submitted by Correia to the president,and former foreign minister Mario Lopes da Rosa.Jose Vaz will act as interim Minister of Internal Administration and Minister of Natural Resources until those posts are named,amid ongoin disputes over those key potfolios.A previous attempt by Vaz to name a government by decree was overturned by the Supreme Court in September.However,the court appeared unlikely to repeat that step as the new cabinet was largely based on a list proposed by the prime minister,in line with the constitution.One more photo below.                                                                                                                

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