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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JAPAN PLANE CATCHES FIRE AT TOKYO AIRPORT. (PHOTO).

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Japan plane catches fire at Tokyo airport

A Japan Airlines plane was in flames on the runway of Tokyo’s Haneda Airport on Tuesday after apparently colliding with a coast guard aircraft, television reports said.

The images on broadcaster NHK showed the plane moving along the runway before an explosion of orange flames burst from beneath and behind it.

All 367 passengers on board the Airbus plane were evacuated, broadcaster NHK reported.

The cause of the incident was not immediately clear, but television reports said that the Airbus collided with a Coast Guard aircraft.

Reports said that the plane had just arrived from Sapporo airport on the northern Japanese island of Hokkaido.

A coast guard official at Haneda Airport, one of the world’s busiest, said they were “checking details”.

“It’s not clear if there was a collision. But it is certain that our plane is involved,” he told



 

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