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

EX-PRESIDENT BARACK OBAMA PICKS NIGERIAN KEHINDE WILEY TO PAINT HIS OFFICIAL PRESIDENTIAL PORTRAIT.{PHOTOS}.

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        Former U. S. president Barack Obama, has picked Nigeria’s Kehinde Wiley, to paint his official presidential portrait.
The Smithsonian National Portrait Gallery while making the announcement said Wiley is an exciting choice for the presidential portrait.
Wiley, a hip-hop portraitist is known for lush, larger-than-life portraits that overlay black street culture with European classical motifs. The 40 year-old New York-based artist, born to a Nigerian father and an African American mother, will have a novel spin on the traditionally formal composition. Wiley has painted rappers LL Cool J in the style of John Singer Sargent, Ice T as Emperor Napoleon by David and young African American men in stained glass tableaus, like saints in a cathedral. The background of his paintings reference African cloth patterns, snaking through the composition to give further clues on his subject. The Obamas’s portraits, which will surely draw selfie enthusiasts, will be unveiled at the National Portrait Gallery in Washington, DC next year. Wiley was born in Los Angeles, California in 1977. His father is Ibibio from Akwa Ibom State.More photos below.
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