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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19 DEAD, TWO MISSING AFTER INDONESIA LANDSLIDE. (PHOTO)

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 19 dead, two missing after Indonesia landslide


Published April 14,2024


19 DEAD, TWO MISSING AFTER INDONESIA LANDSLIDE

At least 19 people have been found dead and two more are missing after a landslide in central Indonesia, local authorities said on Sunday.


The dead and two survivors were evacuated from two landslide-hit villages in Tana Toraja regency, South Sulawesi province on Saturday evening, said local disaster agency head Sulaiman Malia.


"There have been 19 fatalities, with 4 deaths in South Makale and 15 others in Makale villages," Malia told AFP on Sunday.


"Currently, we are still searching for other victims," he said, adding that there are still two individuals reported missing, presumably buried under the landslide debris.


Tana Toraja and its surrounding areas have been "continuously hit by heavy rainfall, especially over the past week, with hardly any stop", Malia added.


The heavy rainfall eroded the soil of residential areas located on mountain slopes, leading to landslides that buried residents' homes, he said.


Indonesia is prone to landslides during the rainy season and the problem has been aggravated in some places by deforestation, with prolonged torrential rain causing flooding in some areas of the archipelago nation.


Last month flash floods and landslides on Sumatra island killed at least 30 people with scores still missing.


A landslide and flooding swept away dozens of houses and destroyed a hotel near Lake Toba on Sumatra in December, killing at least two people.

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