INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

5 KENYAN POLICE KILLED AFTER THEIR TRUCK HITS EXPLOSIVE DEVICE,YESTERDAY.

              According to Reuters,five Kenyan policemen were killed yesterday tuesday in the coastal county of Lamu after truck hit an improvised explosive device planted on the road by Islamist militants al-Shabaab.A senior regional official said ''The truck had about 10 administration police officers and the explosive that blew it up seemed to have been planted on the road they were using''.Senior officials and police declined to give official statement on the attack,saying it was sensitive,and that they still awaited detailed report from officers on the ground.But Lamu Governor Issa Timamy said ''It is unfortunate that once again the nation is mourning the deaths of our five officers killed at the hands of the al-Shabaab''.Meanwhile Sheikh Abdiasis Abu Musab,al-Shaab's military operation spokesman told Reuters that ''We killed eight Kenyan soldiers after we burnt their car with a roadside boom near Lamu area''.The attack comes less than two weekss after Somali Islamist militants al Shabaab attacked a military camp housing Kenyan soldiers who are part of an African Union {AU} force in Somalia {AMISOM}.One more photo below.                                                   

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).