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

BALTIMORE BRIGDE COLLAPSES AFTER BEEN HIT BY A SHIP. (VIDEO/PHOTO).

 


BALTIMORE BRIGDE COLLAPSES AFTER BEEN HIT BY A SHIP



The landmark Francis Scott Key Bridge in the US city of Baltimore has collapsed after a cargo ship collided with it.


Several vehicles that were crossing the bridge, plunged into the waters of the Patapsco River.


As many as 20 people are believed to be in the water, according to Baltimore fire department.


Emergency personnel rushed to the scene and rescue operations are under way.


The container ship, named Singapore-flagged Dali, was on its way to Colombo in Sri Lanka, when it struck a column on the 47-year-old bridge, causing it to collapse.


A number of vehicles, including "one the size of a tractor-trailer" plunged into the water below, they added.


The massive rescue operation is being led by Baltimore fire department, the US Coastguard and other agencies from the state of Maryland.


The head of communications for Baltimore fire department, Kevin Cartwright, described the situation as a "dire emergency".


"Our focus right now is trying to rescue and recover these people," he said, referring to those believed to be in the water.


Mr Cartwright said there were "some cargo or retainers hanging from the bridge", creating unsafe and unstable conditions, and that emergency rescue teams were operating cautiously as a result, amid a power cut.


Shipping company Synergy Marine Group said all crew members, including the two pilots who were aboard, had been accounted for and there were no reports of any injuries, adding that "the exact cause of the incident is yet to be determined".

Watch video below. 

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