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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IT'S NOT BECAUSE OF FOOTBALL- LAPORTA SLAMS PLAYERS JOINING SAUDI ARABIAN CLUBS.(PHOTO)

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It’s not because of football – Laporta slams players joining Saudi Arabian clubs

Barcelona president, Joan Laporta, has slammed players who have decided to leave Europe for big-money deals in Saudi Arabia.

Since Cristiano Ronaldo left Manchester United for Al Nassr, a number of footballers have made the move to the Middle East.

However, Laporta believes they are not moving to the Saudi Pro League for the right reasons.

“When a player, and with all respect, prefers to go to Saudi Arabia, basically there are no sporting reasons.

“You know, there are other reasons that are the priority. And the football must be the priority – the sporting reasons must be the priority,” Laporta told CNN.


 

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