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

EGYPT'S SALAH RULED OUT FOR 3-4 WEEKS DUE TO INJURY.(PHOTO).


Egypt's Salah ruled out for 3-4 weeks due to injury

Egypt's Mohamed Salah has been ruled out for three to four weeks due to a hamstring injury.

Mohamed Salah has returned to England for treatment on a hamstring tear to give him the best possible chance to be available for the Africa Cup of Nations final, should Egypt make it, Liverpool assistant manager Pep Lijnders said on Tuesday.

Salah was forced to watch from the stands as Egypt secured their passage to the last 16 of the competition in dramatic fashion on Monday after a 2-2 draw with Cape Verde.

The two-time African player of the year hobbled off during his country's second game of the tournament against Ghana, but the Egyptian federation has maintained hope he could return should the Pharaohs progress far in the tournament.

However, Lijnders suggested that only the final on February 11 is realistic, even if Salah's recovery goes as planned.

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