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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MAURICIO POCHETTINO NOW CHELSEA’S HEAD COACH.(PHOTO).

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 Mauricio Pochettino now Chelsea’s head coach. 

Mauricio Pochettino has signed a contract to become the next Chelsea manager. The former Tottenham manager had already verbally agreed to take over from Frank Lampard at Stamford Bridge, and now he has put pen to paper to make the deal official.

The deal is for three-year deal. Pochettino has been out of managerial work since being sacked by Paris Saint-Germain at the end of last season.
He has had different offers but he turned them down till Chelsea came knocking. Reports from his camp indicated that Pochettino believes he will turn Chelsea around.



 

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