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

TWO BROTHERS INVOLVED IN AKA MURDER, BACK TO COURT FOR EXTRADITION. (PHOTO).


 The two brothers Melusi and Siyabonga Ndimande are back in Manzini Magistrate Court for their extradition case. The two are suspected to be involved in the killing of South African musician, Kiernan Forbes known as 'AKA'.


EARLIER REPORTS:

AKA murder suspects yet to be deported from Eswatini

The two suspects arrested in Mbabane for the alleged involvement in the murder of Kiernan ‘AKA’ Forbes and his friend Tebello ‘Tibz’ Motsoane are yet to be deported from Eswatini.

The two were arrested in late February for other cases in Eswatini. They were also in the country illegally.

AKA MURDER SUSPECTS IN ESWATINI YET TO BE DEPORTED TO SA

The lawyer representing the two brothers, Sivesonke Ngwenya, told the SABC that they have yet to receive a comprehensive application for an extradition process.

Royal Eswatini Police Service spokesperson Nosipho Mnguni confirmed that the two brothers, Siyabonga and Malusi Ndimande, were in the country illegally.

Mnguni said they are still in the process of deporting the two to South Africa.

Furthermore, the police spokesperson said the two brothers were supposed to be deported to South Africa because they were in the country illegally; however, there are court processes that have to be followed.

Mnguni said they have to follow a distinct process; the AKA murder suspects will be deported but through extradition, and as soon as all the paperwork is done, they will be taken back to South Africa.

The Ndimande brothers will appear in the Manzini Magistrate’s Court on Tuesday, 5 March.



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