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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MALI: GOODLUCK JONATHAN BRIEFED ECOWAS IN AN EXTRAORDINARY MEETING ON THE OUTCOME OF THE RECENT ENGAGEMENTS WITH THE MILITARY RULERS.{PHOTOS}.#PRESS RELEASE

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      I briefed an extraordinary session of the Authority of ECOWAS Heads of State and Government this afternoon on the outcome of our recent engagements with the military rulers who are now in charge of affairs in the Republic of Mali.

I am pleased that our mediation, buoyed by the determination of ECOWAS leaders to act decisively to achieve the restoration of constitutional order in Mali is already bearing fruits, following the release of ousted President Ibrahim Boubacar Keïta. -GEJ.

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