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

BOAT CARRYING 300 MIGRANTS MISSING NEAE SPAIN'S CANARY ISLANDS. (PHOTO)



Boat carrying 300 migrants missing near Spain’s Canary Islands


10th Jul 2023 


At least 300 people who were traveling on three migrant boats from Senegal to Spain's Canary Islands have disappeared, migrant aid group Walking Borders said on Sunday.


Two boats, one carrying about 65 people and the other with between 50 and 60 on board, have been missing for 15 days since they left Senegal to try to reach Spain, Helena Maleno of Walking Borders told Reuters.


A third boat left Senegal on June 27 with about 200 people aboard.


The families of those on board have not heard from them since they left, Maleno said.


All three boats left Kafountine in the south of Senegal, which is about 1,700 kilometres (1,057 miles) from Tenerife, one of the Canary Islands.


“The families are very worried. There about 300 people from the same area of Senegal. They have left because of the instability in Senegal,” Maleno said.


The Canary Islands off the coast of West Africa have become the main destination for migrants trying to reach Spain, with a much smaller number also seeking to cross the Mediterranean Sea to the Spanish mainland. Summer is the busiest period for all attempted crossings.


The Atlantic migration route, one of the deadliest in the world, is typically used by migrants from sub-Saharan Africa. At least 559 people - including 22 children - died in 2022 in attempts to reach the Canary Islands, according to data from the U.N.'s International Organisation for Migration. (Reuters)


•PHOTO: Dozens of wooden boats used by migrants to reach the Canary Islands are seen at the Port of Arinaga, in the island of Gran Canaria, Spain, June 7, 2022. Picture taken June 7, 2022. 

 

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