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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LIBERIAN PRESIDENT BOAKAI SUFFERS HEAT STROKE DURING INAUGURATION.(PHOTO).

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Liberian President Boakai suffers heat stroke during inauguration

In a turn of events at Liberia’s recent inauguration ceremony, President Joseph Boakai experienced a heat stroke while delivering his inauguration speech. The incident, which occurred on Monday, led to the ceremony’s abrupt conclusion, as the 79-year-old leader was assisted off the podium.

President Boakai, who emerged victorious in a runoff election against George Weah in November, took the oath of office during an outdoor ceremony in Monrovia, the capital of Liberia. The sweltering heat during the event became a significant challenge, leading to the president’s health concerns.

While details of the situation were reported by local media and Reuters, President Boakai’s spokesman, Mohammed Ali, assured the public that the leader had been stabilized. He attributed the incident to the high temperatures, stating,

“It is the heat. The heat was high. They should have had some fan or something around there. At his age, the exhaustion happened. But it is okay now.”

During his inauguration speech, President Boakai paused, prompting aides to provide assistance. He continued for a few more minutes before halting again, leading to his departure from the podium.

The ceremony, although cut short, had already seen President Boakai taking the oath of office.

Concerns about the president’s age and energy had been raised by some opponents during the election campaign.

However, Boakai’s team dismissed these criticisms. While the inauguration ceremony faced an unexpected interruption, officials proceeded with a planned lunch, with the president’s whereabouts remaining unclear in the immediate aftermath.


 

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