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
America commemorated the 15th anniversary of the 9/11 attacks today sunday with emotional services of remembrance in New York,Washington and Pennsylvania to honor those who perished in the world's deadliest terror strikes.On September 11,2001,19 Al-Qaeda operatives crashed four passenger jets into the Twin Towers in Manhattan,the Pentagon and a field in Shanksville,Pennsylvania,killing nearly 3,000 people and changing the world forever.President Barack Obama said no words or deeds could ever truly erase the pain of loss,but urged Americans to stand true to the nation's ideals and not allow group like Al-Qaeda and IS to divide the country.''It is so important today that we reaffirm our character as a nation.Our diversity,our patchwork heritage,is not a weakness.It is still and always will be one of our greatest strengths''.-he told a remembrance service at the Pentagon.More photos below.
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