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

U.N SECRETARY GENERAL BAN KI-MOOM,ARRIVED BURUNDI TODAY,TO PREVENT FURTHER POLITICAL CONFLICTS.

                     United Nations Secretary General Ban Ki-Moom has arrived in Burundi to try to facilitate a deal to prevent a political conflict from escalating into a wider ethnic conflict.Burundi has been plagued by violence since April last year after President Pierre Nkurunziza declared his bid for a controversial third term in office,one which he went on to win in the July poll.More than 400 people have been killed in the violence while thousands of others have fled to neighbouring countries.The UN is under growing pressure to show it can halt the violence,two decades after the 1994 genocide of ethnic Tutsis and moderate Hutus by the Hutu majority in neighbouring Rwanda,which has a similar ethnic make-up as Burundi.More photos below.                                                                                               

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