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

UPDATE: SENEGAL LEADER TO ORGANISE PRESIDENTIAL VOTE 'AS SOON AS POSSIBLE'. (PHOTO)


 Senegal leader to organise presidential vote 'as soon as possible'

It was thought that any resistance from the president's to comply with the Constitutional Council's ruling on the postponed election would risk more unrest.


Senegal's President Macky Sall on Friday pledged to organise presidential elections "as soon as possible" after the Constitutional Council overruled his decision to delay this month's vote.


"The President of the Republic intends to fully implement the decision of the Constitutional Council," the presidency said in a statement.


"To this end, the Head of State will without delay carry out the consultations necessary to organise the presidential election as soon as possible."


The announcement came moments after the West Africa's main regional bloc ECOWAS called on authorities in Senegal to set a new date for the presidential election in accordance with the ruling of the Constitutional Council.


There are only 10 days left before the original poll date of February 25 and most candidates have not been campaigning since Sall issued his decree on February 3, hours before campaigns were meant to kick off.


It was thought that any resistance from the the president's to the court's ruling would risk more unrest. The week-long electoral crisis has already led to violent protests and warnings of authoritarian overreach.



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