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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NIGER REPUBLIC RECEIVES TRUCKS OF FOOD, ESSENTIALS FROM BURKINA FASO.(PHOTO).

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Niger Republic Receives Trucks Of Food, Essentials From Burkina Faso

Around 300 trucks of food and other materials crossed into Niger from Burkina Faso with many arriving in the capital, Niamey Sunday, according to a regional customs official.

The convoy of trucks departed from Burkina Faso, the last open border with Niger since the West African regional bloc imposed sanctions after mutinous soldiers overthrew the country’s president last month.

But the route between Burkina Faso and Niger is lined with jihadi groups, making it dangerous to drive and requiring military escorts from both armies.

Niger’s coup was seen by the international community and ECOWAS as one too many and in addition to threatening a military invasion, the bloc has imposed severe economic and travel sanctions.

In the first six months of 2023, attacks on civilians were 49% lower than in the first six months of 2022, and the number of deaths 16% lower, according to the NGO Acled, which records the victims of conflicts around the world.

Western observers and partners, notably France, a privileged ally of the ousted regime which still has 1,500 troops in Niger, have highlighted these encouraging results.

This improvement is partly attributed to the strategy implemented by Mr Bazoum, the only one of its kind in the Sahel, to combat jihadist groups.

While the military regimes in neighbouring Mali and Burkina Faso are carrying out “anti-terrorist” operations that are accused of taking a heavy toll on civilian populations, Niger has opted for a policy of “extending a helping hand”.


 

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