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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AFTER 36 YEARS AS PRESIDENT,ANGOLA PRESIDENT ''DOS SANTOS'' IS SET TO STEP DOWN IN 2018.

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                    73 year old Angola President Jose Eduardo dos Santos,Africa's second longest serving leader after 36 years said today friday that he would leave politics in 2018,after his current mandate ends.He said to the ruling Popular Movement for the Liberation of Angola {MPLA}  party politburo in the capital Luanda said ''I have taken the decision to quit political life in 2018 ''.Dos Santos came to power 1979,following the unexpected death from cancer of Angola's liberation president Agostinho Neto.More photos below.                                                                                                                                          

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