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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TANZANIA PRESIDENT SULUHU HASSAN DISMISSES TWO PROMINENT MINISTERS.(PHOTO).

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 Tanzanian President Suluhu Hassan dismises two prominent ministers 


Tanzanian President Samia Suluhu Hassan removed two prominent ministers as part of a major Cabinet reshuffle, according to the acting director of presidential communications, Sharifa Nyanga.


The dismissal of Foreign Minister January Makamba and Minister of Information, Communication and Information Technology Nape Nnauye on Sunday, came amid rumors that they were secretly plotting to challenge President Hassan's re-election bid.


The dismissal of Nnauye comes a week after comments he made surfaced in a video, saying elections results would depend on who counts votes and announces the results.


Nnauye later apologised, saying it was a joke, but activists and some social media users said the statement undermined Hassan's push to improve democracy.


Hassan appointed Mahmoud Thabit Kombo as new foreign affairs minister and Jerry Silaa as minister of information, communication and information technology.


Before Kombo's appointment, he was Tanzania's ambassador to Italy while Silaa was the minister of lands, housing and human settlements development. Two more ministers and deputy ministers were also appointed, the presidency said.


President Hassan took office following the death of the populist leader John Magufuli.

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