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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TANZANIA PRESIDENT,SACKED ONE OF HIS MINISTERS FOR BEING UNDER THE INFLUENCE OF ALCOHOL DURING WORKING HOURS.

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                          Charles Kitwanga,Tanzania's Home Affairs minister has been sacked by the country's president for turning up to parliament and answering questions while under the influence of alcohol.His the first minister to be fired since the cabinet's appointment.Analysts said his sack came as a surprise as he was widely viewed as being close to Magufuli.President John Magufuli,said in a statement yesterday friday that ''He was sacked after he turned up drunk to parliament and responded to a question directed to the Ministry of Home Affairs while being in a drunken state''.Kitwanga had previously faced calls to quit before the incident by lawmakers who criticized his handing of the ministry.The picture above is Charles Kitwanga,while the one below is the President of Tanzania.One more photo below.                                                                                                                                                                                                                                                                         

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