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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GERMAN FOOTBALL LEGEND BECKENBAUER DIES AT 78.(PHOTO).

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German football legend Beckenbauer dies at 78

Franz Beckenbauer, who left a unique imprint on German football as a player, captain and coach, has died at the age of 78.

The German Football Association disclosed on Monday.

“Franz Beckenbauer was definitely the biggest German footballer of all time, and above all one of the greatest men who I have known,” DFB Vice President, Hans-Joachim Watzke, said.

Beckenbauer, one of only three men to win the World Cup as a player and as a coach, passed away on Sunday, the DFB said.



 

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