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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US CONGRESSWOMAN GRACE MENG IS 'MAD' BIDEN BOWED TO PRESSURE FROM BULLIES TO WITHDRAW FROM PRESIDENTIAL RACE. (PHOTO).

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 US Congresswoman Grace Meng Is ‘Mad’ Biden Bowed To Pressure From Bullies To Withdraw From Presidential Race 


Biden had faced pressure to withdraw from the race since his debate with rival Donald Trump which was recently organised by CNN, in which many adjudged the president to have performed woefully.

A US Congresswoman, Grace Meng, has faulted President Joe Biden’s withdrawal from the US 2024 presidential election race following calls by some Americans, including Democrats for his withdrawal from the race.


President Biden had withdrawn from the presidential race following pressure on him, particularly from party members, to step down


Biden had faced pressure to withdraw from the race since his debate with rival Donald Trump which was recently organised by CNN, in which many adjudged the president to have performed woefully.


There have also been speculations that old age has caught up with him.


Following Biden’s withdrawal from the presidential race, the President and the party endorsed Vice President Kamala Harris as replacement for Biden to challenge former President Donald Trump in the election.


 


However, reacting to Biden’s withdrawal from the presidential race, Meng in a post on X platform (formerly Twitter) said she is upset and mad that Biden was bullied into his decision to withdraw from the race, even by some of the party members.


Meng wrote, “I put out a prettier statement earlier, but the truth is I’m upset. 


“I’m mad that the bullies won. I’m mad that the most accomplished & empathetic @JoeBiden was treated the way he was-even by some in his own party.”


Meng however expressed her full support for Harris saying, “But like my kid told me, stop being sad & start helping @KamalaHarris.”


The Congresswoman in another post wrote, “Under @JoeBiden, we strengthened our economy, invested in infrastructure, lowered costs, & took huge strides to combat gun violence & climate change. Thank you, Mr. President.


“I'm standing with @KamalaHarris as she earns & wins the nomination & builds on this incredible legacy.”

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