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

UN: 32 MILLION PEOPLE IN SAHEL NEED LIFESAVING AID, PROTECTION. (PHOTO).


 UN: 32 million people in Sahel need lifesaving aid, protection


Facing a web of complex crises, 32.8 million people in Africa's Sahel region, stretching from Senegal to Eritrea, need lifesaving assistance and protection, according to UN Office for the Coordination of Humanitarian Affairs (OCHA).


The report said some critical areas of concern are the Liptako Gourma region (covering Burkina Faso, Mali and Niger), and the Lake Chad basin (including Cameroon, Chad, Niger and Nigeria), with spillover effects increasingly felt in the Gulf of Guinea's coastal countries and Mauritania.


The report pointed out that the region hosts 2 million refugees and asylum seekers and 5.6 million internally displaced persons, many of whom have faced multiple displacements.


The United Nations and partners need 4.7 billion U.S. dollars this year to support 21 million people in Burkina Faso, Cameroon's Far North Region, Chad, Mali, Niger, and Nigeria's Adamawa, Borno and Yobe states.

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