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

ALL OUR EFFORT TO DIALOGUE WITH NIGER MILITARY JUNTA IN VAIN- ECOWAS. (PHOTO).


All Our Effort To Dialogue With Niger Military Junta In Vain - ECOWAS

ECOWAS’ Omar Alieu Touray made the declaration earlier, at the ECOWAS extraordinary meeting in Abuja, today. The body also called on African Union, AU, partner countries and institutions to support the resolution taken by ECOWAS (to restore constitutional order in Niger by force.) 

ECOWAS said all efforts made to dialogue with Niger Republic’s military junta have been “defiantly rejected by the coup leaders,” and that they condemn the continuous detention of the ousted former president of Niger, Mohamed Bazoum and his family members. 

Part of the ECOWAS resolution reads: “Direct the committee of the Chief of Defense Staff to activate the ECOWAS Stan-by force with all its elements immediately. 

“Order the deployment of the ECOWAS stand-by force to restore constitutional order in the Republic of Niger.” 


 

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