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

SENEGAL TALKS 'PROPOSE EXTENSION' OF SALL'S TERM. (PHOTO).


 Senegal talks 'propose extension' of Sall's term


An election stakeholders' meeting has proposed that Senegal's President Macky Sall continues to remain in office temporarily, even after his last scheduled day on April 2.


Political crisis talks called by Senegal's President Macky Sall on Tuesday advocated the head of state remain in office beyond the end of his term on April 2 until his successor is installed, six national forum participants told AFP.


The participants in the "national dialogue" said there was a "broad consensus" in favour of the move, despite the opposition of a number of political and civil society actors to such an extension.


On February 3, Sall announced he was indefinitely postponing the Senegalese presidential election scheduled for February 25.


His main reason for postponing the election was "unresolved disputes over who could run for president." At least 19 people have qualified as candidates.

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