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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DUBAI POLICE FINES 4697 MOTORISTS,SEIZES 132 VEHICLES FOR VIOLATING TRAFFIC LAWS DURING THE UAE'S 51ST NATIONAL DAY CELEBRATIONS.(PHOTO).#PRESS RELEASE.

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Dubai Police fines 4697 Motorists, seizes 132 Vehicles for Violating Traffic Laws during the UAE's 51st National Day Celebrations
The Dubai Police has impounded 132 vehicles and fined their motorists for violating traffic rules during the UAE's 51st National Day celebrations.
 
Black points were also imposed against the violators who caused disturbance, modified their vehicles' colour, covered their vehicles with stickers without a permit, littered from their cars, and posed danger to themselves and others by driving recklessly.
 
Brigadier Juma Salem bin Suwaidan, Acting Director of the General Department of Traffic at Dubai Police, said that the traffic patrols fined 4,697 motorists and impounded 72 vehicles in Bur Dubai and 60 others in Deira for violating traffic rules and regulations during the UAE's 51st National Day 3-day celebrations
 
Brig. Bin Suwaidan pointed out that most of the violations were recorded in Bur Dubai area, explaining that the General Department of Traffic had had intensified traffic patrols across various internal and external areas of the emirate to prevent traffic jams, control negative behaviours of some drivers, and maintain road safety specially during this dear national holiday.
 
He also revealed that this year witnessed a significant improvement in the traffic situation during the National Day celebrations, indicating the excellent cooperation of road users with police personnel.

 

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