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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TOGO SETS DATE FOR DELAYED PARLIAMENTARY ELECTIONS.(PHOTO).

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 Togo sets date for delayed parliamentary elections


Tension has been building over a proposed constitutional reform which will allow the National Assembly to directly elect the president.


Togo has rescheduled legislative elections for April 29 after delaying the ballot over a highly contested constitutional reform, a government statement said on Tuesday.


Elections had been set for April 20, but the government postponed them saying consultations were needed over the reform, which opposition parties called a bid to keep President Faure Gnassingbe in power longer.


"Date for the legislative and regional elections: Monday, April 29," a statement from the presidency said after a cabinet meeting on Tuesday.


The constitutional amendment has triggered discussion over the rule of Gnassingbe. He has been in power since 2005 after succeeding his father, who governed for three decades after a military coup.

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