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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THE KING OF LATE MANDELA'S CLAN IN SOUTH AFRICA,SENTENCED TO 12 YEARS IMPRISONMENT.

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                 The king of the AbaThembu clan of South Africa according to Reuters has started a 12 year jail sentence for arson,kidnapping and assault,in which his the King of the clan of the late anti-apartheid icon Nelson Mandela.51 year old Buyelekhaya Dalindyebo,was convicted of the offenses in 2009 but has been fighting the verdict in the courts for years.He turned himself over to the Mthatha Correctional Center in the Eastern Cape Province just before midnight yesterday wednesday.Prosecutors said he had kidnapped subjects and had kidnapped subjects and had homes set ablaze to punish those who refused to do his bidding.He is the king of Mandela's clan in a poor rural region in South Africa's Eastern Cape province.One more photo below.                                          

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