INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

US SECRETARY OF STATE FIRED TODAY BY DONALD TRUMP AFTER HIS VISIT TO NIGERIA YESTERDAY.{PHOTOS}.

Image may contain: 2 people, people smiling, people sitting
    US President Donald Trump has sacked Secretary of State Rex Tillerson, replacing him with the director of the CIA, Mike Pompeo.Thanking Mr Tillerson for his service on Twitter, Mr Trump said the new state secretary would do "a fantastic job".
Mr Tillerson, a former chief executive of ExxonMobil, was only appointed to the job just over a year ago.
The president also nominated Gina Haspel to become the first woman director of the CIA.Speaking to reporters outside the White House on Tuesday, Mr Trump said his differences with Mr Tillerson came down to personal "chemistry".
"We got along actually quite well, but we disagreed on things," said the president.
"When you look at the Iran deal, I think it's terrible. I guess he thought it was OK.
"I wanted to either break it or do something and he felt a little bit differently, so we were not really thinking the same."With Mike, Mike Pompeo, we have a very similar thought process. I think it's going to go very well."Rex is a very good man, I like Rex a lot.".More photos below.
Image may contain: 2 people, people standing and indoorImage may contain: 7 people, people smilingImage may contain: 2 people, people sitting

      Comments

      Popular posts from this blog

      INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

      SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

      SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).