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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KIM JONG UN MEETS VLADIMIR PUTIN IN RUSSIA. (PHOTO).

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Kim Jong Un Meets Vladimir Putin In Russia 

North Korea's Kim Jong Un has met Vladimir Putin in Russia in a highly scrutinised visit which was expected to yield an arms deal.

After talks ended at the Vostochny space centre, Mr Kim began his long journey home on his private armoured train, Russian state media reported.

Speaking later on Wednesday, Mr Putin said the pair discussed "possibilities" for military cooperation.

Moscow has indicated it will help Pyongyang develop satellites in return.

Both sides denied the US' claim that the talks are aimed at buying weapons to support Russia's war against Ukraine.

Besides advanced space technology, Mr Kim is also thought to have asked for food aid in return.

The meeting between the two sanctioned regimes, which included senior officials from both sides, took place at a time when their relations with the West are at an all-time low.

The high-profile visit saw Mr Kim, who travelled for two days to Russia's far east, warmly received by Mr Putin. Russian state media footage showed the two leaders grinning as they shook hands, before Mr Putin personally escorted Mr Kim around the Vostochny space centre.

Citing historical ties between the Soviet Union and North Korea, Mr Putin welcomed his counterpart with the Russian proverb "an old friend is better than two new ones".

Asked if Russia would help North Korea build satellites, Mr Putin said "this is why we've come to Vostochny Cosmodrome", Russian media reported.

BBC

 

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