INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
According to a memo from Ghana Immigration Service,Ghana and Togo are the next targets for Islamist militants following high profile attacks this year in Burkina Faso and Ivory Coast.The memo calls for better boder protection in the latest sign of a heightened government response to the threat to West Africa by militants based in northern Mali who have stepped up a campaign of violence in the last year.It says the National Security Council Secretariat {NSCS} has evidence from neighbouring Ivory Coast from the interrogation of a man suspected of orchestrating an attack on March 13 in which 18 people were killed.The memo,dated April 9 and published by Ghanaian media says ''Intelligence gathered by the ..NSCS indicates a possible terrorist attack on the country is real...The choice of Ghana according to the report is to take away the perception that only Francophone countries are the target''.It ordered immigration agents on the northern border with Burkina Faso to be extra vigilant and said patrols should be stepped up along informal routes between the two countries.President John Mahama spoke about the memo in an interview on state radio ''Sunrise FM on thursday.He asked for public vigilance and said Ghana was also at risk from home grown militants,while noting that countries in the region share intelligence on militant threats.He said ''We must deal with this without creating panic amongst our people''.Adding that the memo should not have detailed the intelligence on which its calls for greater vigilance were based.More photos below. 
Comments
Post a Comment