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

PRESIDENT OF UAE,LAID TO REST AT AL BATEEN CEMETERY TODAY.(PHOTOS).


Sheikh Khalifa laid to rest at Al Bateen cemetery

The late UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan was laid to rest at Al Bateen Cemetery in Abu Dhabi, WAM announced.

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Ruler of Abu Dhabi, today performed the funeral prayer for late president at the Sheikh Sultan bin Zayed the First Mosque in Abu Dhabi.

They all prayed to Allah Almighty to inspire everyone with patience and solace on the passing of the late UAE leader.

He was joined by members of the Al Nahyan family.
Sheikh Mohamed and members of Al Nahyan family accompanied the body of the late Sheikh Khalifa to his final resting place at Al Bateen Cemetery in Abu Dhabi.

Funeral prayers were held in mosques across the country after Maghrib (sunset). Citizens and residents came together to observe the prayers for the UAE President who passed away on Friday at the age of 73.

On Saturday, Sheikh Mohamed will receive condolences from the Rulers of the Emirates and senior officials at Mushrif Palace.-KT.
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