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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NIGER'S HIGHEST COURT WITHDRAWS IMMUNITY OF DEPOSED PRESIDENT BAZOUM. (PHOTO).

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 Niger’s Highest Court Withdraws Immunity Of Deposed President Bazoum


The top court in Niger has lifted the immunity of the country’s deposed president, Mohamed Bazoum, paving the way for a possible trial nearly a year after he was overthrown by mutinous soldiers.


Abdou Dan Galadima, president of the State Court, the country’s highest legal authority that was created in November by the military government, announced the decision on Friday.


The military authorities had initiated the legal proceedings earlier this year, declaring their intention to eventually prosecute Bazoum for “high treason” and for undermining national security.


After Friday’s hearing, Ould Salem Mohamed, one of Bazoum’s lawyers, said they took note of the decision and that the defence team would make a statement shortly.


Bazoum’s lawyers have been unable to communicate with him since last October and have had restricted access to case material, according to HRW.


Late last year, the highest court of West African regional bloc ECOWAS ruled that Bazoum and his family were arbitrarily detained and called for him to be restored to office.

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