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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TURKISH VP URGES DIALOGUE IN RESOLVING CONFLICTS IN AFRICA. (PHOTO).

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Turkish VP urges dialogue in resolving conflicts in Africa

Turkish Vice President Cevdet Yilmaz has urged African countries mired in conflict to embrace dialogue.

Turkish Vice President Cevdet Yilmaz has urged conflict-hit African countries to embrace dialogue in efforts to resolve their differences.

In an interview with TRT Afrika on Friday, Yilmaz voiced Türkiye's willingness to facilitate peace restoration in regions affected by conflict.

Sudan has witnessed one of the deadliest conflicts in recent times after war broke out in mid-April 2023. At least 13,000 people have been killed in the war and more than seven million others displaced, documented estimates show.

In the neighbouring Ethiopia, tensions soared recently after Ethiopia signed a sea access deal with Somaliland, a breakaway region in northern Somalia.




 

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