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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UGANDA PRESIDENT ''YOWERI MUSEVENI'',WINS HIS FIFTH TERM IN OFFICE TODAY.

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                  According CCTV,who is reporting that Uganda President Yoweri Museveni extended his three decade rule today saturday,winning a fifth term with 60 percent of the vote in the country's election.Election Commission Chief Badru Kiggundu said as he read the result ''The commission declares Yoweri Kaguta Museveni the elected President of the Republic of Uganda''.President Museveni garnered 5,67,503 votes equivalent to 60.7 percent of the votes cast.His closest rival Dr Kizza Besigye of the Forum for Democratic Change,managed 3,270,290 votes equivalent to 35.37 percent of the total votes cast.The results have been rejected as fraudulent by Besigy's Party,which issued a statement ahead of the final results.Besigye himself was under house arrest as the final tally was announced.One more photo below.                                                                                                           

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