INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

ANGELINA JOLIE & BRAD PITT'S SON PAX HOSPITALIZED AFTER E-BIKE ACCIDENT. (PHOTO).


 Pax Jolie-Pitt, the 20-year-old son of Angelina Jolie and Brad Pitt, was hospitalized in Los Angeles after crashing his electric bicycle into a car on Los Feliz Boulevard. The accident occurred when he rear-ended a car at a red light intersection, reportedly without wearing a helmet. Emergency services found Pax with hip pain and a possible minor brain bleed. He was taken to a nearby hospital for treatment, where Jolie joined him, and sources described him as stable. The Los Angeles Police Department confirmed a severe traffic collision involving a man in his early 20s riding a scooter at the time of the accident on July 29th.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).