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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MALAWI'S VP FUNERAL CONVOY KILLS FOUR, INJURES 12 MOURNERS. (PHOTO).

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 Plane Crash: Malawi’s VP funeral convoy kills four, injures 12 mourners


A vehicle in the convoy of the late Malawian Vice President, Saulos Chilima’s funeral procession has killed at least four mourners and injured no fewer than 12 persons.


The vehicle, which was part of a motorcade conveying the remains of the late VP, rammed into mourners on Sunday night in the Ntcheu community, a village in central Malawi.


It was gathered that thousands of mourners had lined up in the streets to catch a glimpse of the vice president’s coffin when the incident happened.


The spokesman of the Malawian police, Peter Kalaya confirmed the incident in a statement on Monday morning.


“Due to the impact, two female and two male pedestrians sustained severe head injuries and multiple fractures and died whilst receiving treatment,” said a police statement.


Recall that a military aircraft conveying Malawi’s Vice President and other top government officials went missing last week after it failed to land.


After an intense search, the wreckage of the aircraft was discovered with no survivors.


The VP and the nine others were on their way to the funeral of a prominent Malawian lawyer, former Attorney General and Justice Minister, Ralph Kasambala in Mzuzu when the plane crashed.

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