INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

THE DUCHESS OF CAMBRIDGE,COVERS BRITISH VOGUE MAGAZINE,JUNE 2016 EDITION.{PHOTOS}.

                                                      The National portrait Gallery of which the Duchess is a Patron,has collaborated with British Vogue on a series of photographic portraits,shot by photographer Josh Olins in the Norfolk countryside.Two of the photographic portraits of The Duchess will be available for public view in Vogue 100:A Century of style from Sunday May 1.The full portfolio shoot will feature in the June centenary issue of British Vogue,available on news stands and to download on Thursday 5 May.A spokesperson for the Duchess said ''Since 1916,Vogue has been a leading champion of British portraiture.The Duchess was delighted to play a part in celebrating the centenary of an institution that has given a platform to some of the most renowned photographers in this country's history.She is incredibly grateful to the team at Vogue and at the NPG for asking her to take part''.Two of the images from the British Vogue shoot were installed this evening in the National Portrait Gallery's Vogue 100:A Century of Style.The Duchess will visit the exhibition on wednesdy 4 May and see the two portraits on display in the gallery for the first time''.More photos below.                                                    

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).