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

BIDEN TO PUSH FOR CONSTITUTIONAL AMENDMENT NEXT WEEK TO REVERSE TRUMP IMMUNITY DECISION. (PHOTO).


 President Biden is set to propose several changes to the U.S. Constitution on Monday to make good on his promise to reform the Supreme Court, according to a report.

In a reversal from the president's longstanding resistance to changes to the high court, Biden said on Wednesday that Supreme Court reform would be among his top priorities for the remainder of his term in office. Biden announced Sunday that he would not seek re-election after mounting pressure from Democratic Party officials who asked him to step aside after his widely panned debate performance in June.


The president is expected to propose setting term limits for justices on the Supreme Court, which would require a constitutional amendment, and establishing an enforceable code of ethics, which could be enacted by Congress, Politico reported.

Biden is also likely to voice support for a constitutional amendment that would limit immunity for presidents and certain other officeholders after the court ruled in July that presidents cannot be prosecuted for "official acts" during their time in office. The court's ruling stemmed from a case concerning former President Trump.


The framers of the Constitution intentionally made it difficult to amend. A two-thirds majority of both the House and the Senate needs to pass any proposed amendment, which is then sent to the states for ratification. It must be approved by three-fourths — 38 — of the 50 states to become the supreme law of the land. 


"This decision today has continued the court’s attack in recent years on a wide range of long-established legal principles in our nation, from gutting voting rights and civil rights to taking away a woman’s right to choose, to today’s decision that undermines the rule of law of this nation," Biden said in public remarks after the court handed down its opinion. 

Politico reported the specifics of the proposal have not been finalized and could still change. The White House did not immediately respond to a request for comment.


Biden said Supreme Court reform is "critical to our democracy" in an Oval Office address Wednesday explaining his decision to drop out of the 2024 election.

"Over the next six months, I’ll be focused on doing my job as president. That means I’ll continue to lower costs for hard-working families, grow our economy. I’ll keep defending our personal freedoms and our civil rights, from the right to vote to the right to choose. I’ll keep calling out hate and extremism, make it clear there is no place, no place in America for political violence or any violence ever, period. I’m going to keep speaking out to protect our kids from gun violence, our planet from climate crisis, is the existential threat," Biden said. 

"And I will keep fighting for my for my cancer moonshot, so we can end cancer as we know it because we can do it. And I’m going to call for Supreme Court reform because this is critical to our democracy, Supreme Court reform. You know, I will keep working to ensure America remains strong and secure and the leader of the free world." 

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