INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

THOUSANDS TAKE TO STREETS IN GAZA IN RARE PUBLIC DISPLAY OF DISCONTENT WITH HAMAS.(PHOTO).


Thousands take to streets in Gaza in rare public display of discontent with Hamas

Several thousand people briefly took to the streets across the Gaza Strip on Sunday to protest chronic power outages and difficult living conditions, providing a rare public show of discontent with the territory’s Hamas government. Hamas security forces quickly dispersed the gatherings.

Hundreds joined marches in Gaza City, the southern town of Khan Younis and other locations, chanting “what a shame” and in one place burning Hamas flags, before police moved in and broke up the protests.

Police destroyed mobile phones of people who were filming in Khan Younis, and witnesses said there were several arrests. Young supporters and opponents of Hamas briefly faced off, throwing stones at one another.

The demonstrations were organized by a grassroots online movement called “alvirus alsakher,” or “the mocking virus.” It was not immediately known who is behind the movement.

Hamas rules Gaza with an iron fist, barring most demonstrations and quickly stamping out public displays of dissent.

The Islamic militant group seized control of Gaza in 2007 from the forces of Palestinian President Mahmoud Abbas, prompting Israel and Egypt to impose a crippling blockade on the territory. Israel says the closure is needed to prevent Hamas, which does not recognize Israel’s right to exist, from building up its military capabilities.

The closure has devastated Gaza’s economy, sent unemployment skyrocketing and led to frequent power outages. During the current heat wave, people have been receiving four to six hours of power a day due to heavy demand.

“Where is the electricity and where is the gas?” the crowds shouted in Khan Younis. “What a shame. What a shame.”

Protesters also criticized Hamas for deducting a roughly $15 fee from monthly $100 stipends given to Gaza’s poorest families by the wealthy Gulf state of Qatar.

There was no immediate comment from the Hamas authorities.

 

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).