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

A NIGERIA MAN WAS EXECUTED IN SINGAPORE AFTER BEING FOUND GUILTY OF DRUG TRAFFICKING.{PHOTOS}.

Image result for chijioke obiora                   According to sources,a 38 year old Nigerian identified as Chijioke Obioha has been executed in Singapore after being found guilty of drug trafficking.Mr Obioha was hanged in Changi Prison early friday morning alongside a Malaysian national who was convicted on separate drugs offenses.Mr Obiora was arrested in April 2007 after being found in possession of more than 2.6 kilograms of cannabis.The quanttity surpassed the 500 grams threhold that triggers the automatic presumption of trafficking under Singaporean law.He was found guilty in December 2008 and was sentenced to death by hanging,An appeal he filed was dismissed in 2010.His execution came two days after he lost an appeal for elemency from the Singaporean government.Amnesty International,which made serious efforts to overturn his death sentence,condemned the scheduled execution of Mr Obioha.''The death penalty is never the solution.It will not rid Singapore of drugs.By executing people for drug-related offences,which do not meet the threshold of most serious crimes,Singapore is violating international law,'' the rights group said on wedneday.
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