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
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PRINCESS DIANA'S STATUE TO BE ERECTED IN THE GROUND OF KENSINGTON PALACE THIS 2017.{PHOTOS}.

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Image may contain: 1 person, smiling, close-up and outdoor                            A statue of Diana,Princess of Wales will be erected in the grounds of Kensington Palace at the request of her sons,The Duke of Cambridge and Prince Harry.The Princes have convened a committee to commission and privately raise funds for the creation of the statue.This committee will advise on the selection of the sculptor and will work with Historic Royal Palaces on the statue's installation in the public gardens at Kensington Palace.The Duke of Cambridge and Prince Harry said: ''It has been twenty years since our mother's death and the time is right to recognise her positive impact in the UK and around the world with a permanent statue.Our mother touched so many lives.We hope the statue will help all those who visit Kensington Palace to reflect on her life and her legacy''..While the sculpting of the statue will begin soon,it is not currently possible to advise when it will be unveiled.It is hoped that this will occur before the end of 2017.Further announcements on the statues sculptor and design will be made in due course.More photos below.
Image may contain: textImage may contain: 2 people, people sitting and shoesImage may contain: 1 person, smiling, sitting and close-upImage may contain: 1 person, sitting and outdoor

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