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
According to sources,Ghana main opposition leader Nana Akufo-Addo,has won the presidential election after President John Mahama conceded defeat.Akufo-Addo said on Twitter that Mahama had caalled him ''Congratulating me on wining the 2016 Presidential Election''.Earlier,Mahama had appealed for calm and told his supporters he would respect the outcome of the vote whether he won or lost,in comments aimed at defusing tension ahead of the release of official results of the vote.''I want to assure the nation that we will respect the outcome of the election,positive or negative,and so let us just be calm,'' he told supporters gathered outside his house.Congratulation.One more photo above.
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