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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CHILE VOTES IN SECOND REFERENDUM AIMED AT REPLACING PINOCHET-ERA CONSTITUTION.(PHOTO).

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Chile votes in second referendum aimed at replacing Pinochet-era constitution

Chileans head to the polls Sunday for a second referendum aimed at replacing the country's dictatorship-era constitution, with voters asked to approve or reject a more conservative draft.


The latest version was overseen by the far-right opposition Republican Party after voters roundly rejected a progressive draft in September 2022 that attempted to enshrine environmental protections and the right to elective abortion.


Voting starts at 8am local time (1100GMT) and closes at 6pm (2100 GMT), with results due a few hours later.


Leftist President Gabriel Boric said last month that it would be his last attempt to reform the constitution in order to focus on stability and long-term development.

 

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