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

SOUTH AFRICAN GOVT IS SET TO APPEAL OSCAR PISTORIUS 6 YEARS MURDER SENTENCE BECAUSE IS ''SHOCKINGLY LENIENT''.

                  South Africa government want to appeal Oscar Pistorius six year murder sentence because it was ''Shockingly lenient''.The National Prosecuting Authority {NPA} said ''The sentence of six years imprisonment,in all the circumstances,is disproportionate to the crime of murder committed,that is to say,shockingly too lenient''.he Prosecutors said that the appeal papers will be filed on thursday,saying that Pistorius term was less than half  of the 15 years that the prosecutors were aiming for.

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