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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LUIS DIAZ’S FATHER, LUIS MANUEL DIAZ, REGAINS FREEDOM. (PHOTO).

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Luis Diaz’s father, Luis Manuel Diaz, regains freedom

Luis Diaz’s father, Luis Manuel Diaz, has been rescued after he was abducted at gunpoint on October 28 by left-wing guerrilla group, Ejercito de Liberacion Nacional (ELN).

On Thursday, Colombian news outlet Semana reported that the rescue mission for the footballer’s father was a success. The mission saw a 9 a.m. helicopter flight full of volunteers from the United Nations, UN, and the Catholic Church.

Police began preparations for the release of Mr Diaz earlier in the week. He had been held by the guerrilla group for almost two weeks.

The UN and the Church have been working in conjunction with the Colombian government to negotiate Diaz’s freedom.

Concern grew on Tuesday after there was no sign of the start of ELN release of Luis Diaz’s father process despite measures to facilitate it.

The Diaz family called for the group to offer proof that Diaz Snr was still alive.

But on Wednesday, hope was renewed again as humanitarian groups including representatives from the Catholic Church and the UN gathered on the Colombian-Venezuelan border.

This was after establishing contact with ELN to begin the handover.

On Thursday morning local time, Semana reported the handover had been a success.

Members of the police and other special forces had been searching for the Liverpool star’s father since October 28.

 

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