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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U.S. EMBASSY IN BAGHDAD CONFIRMS MISSILE ATTACK.(PHOTO).

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U.S. embassy in Baghdad confirms missile attack

Two rocket salvos were fired at the U.S. embassy in the Iraqi capital Baghdad on Friday, according to a U.S. embassy spokesman.
An embassy spokesman said there were no casualties even as he stated they were investigating the incident.
There are indications that pro-Iranian militias were behind the attack.
So far, no group has claimed responsibility for the attack.
“We again call on the Iraqi government to do everything in its power to protect the personnel and facilities of diplomats and coalition partners,” the spokesman said.
He referred to the right to self-defence.
The US State Department in Washington also condemned the attack and called on the Iraqi security forces to immediately investigate who was behind it and bring the perpetrators to justice.
“The many Iran-aligned militias operating freely in Iraq threaten the security and stability of Iraq, our people and our partners in the region,” a ministry spokesman said.
Iraqi security sources had previously reported that several rockets had been fired at the area surrounding the U.S. embassy in Baghdad.
According to reports from the Arabic television station, Al Arabiya, up to 14 rockets were fired.
Since the outbreak of the Gaza war, pro-Iranian militias in Iraq have increasingly attacked U.S. military bases in Syria and Iraq in response to the Israeli military operation.
The U.S. Department of Defence said there have been at least 78 attacks on U.S. bases in Iraq and Syria since mid-October.
Iraqi Prime Minister Mohammed al-Sudani condemned the act.
He said the attackers were jeopardising Iraq’s internal security.
He gave the order to search for the perpetrators.

 

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