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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POLICE IN KENYA FIRE TEAR GAS AT PROTESTERS AS NEW CABINET MINISTERS ARE SWORN IN .(PHOTO).

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 Police in Kenya fire tear gas at protesters as new Cabinet ministers are sworn in


Kenyan police on Thursday fired tear gas at protesters in Nairobi calling for the president’s resignation as a new Cabinet was being sworn in, the latest in the deadly turmoil that has gripped the East African nation over the summer.


Protests in Kenya first erupted in June, with initial calls for legislators to vote against a controversial finance bill that was proposing increased taxes amid high cost of living. Antigovernment protesters stormed the parliament on June 25, drawing police fire after legislators voted to pass the bill.


More than 50 people have died since the demonstrations began, according to the Kenya National Commission on Human Rights.


On Thursday, businesses in the city were closed and public transport vehicles remained out of the central business district. Police also mounted roadblocks on major roads to Nairobi. President William Ruto’s office, where the new ministers were sworn in, also remained cordoned off.


Ruto on Wednesday condemned the protests and urged Kenyans to stay away from them, saying those who want change can vote him out of office in the 2027 elections, AP reported.


After the bill was passed in June, Ruto declined to sign the legislation and sent it back to parliament, saying he had “heard Kenyans who wanted nothing to do with the bill” but warned there would be revenue and expenditure consequences.


Protests continued with calls for Ruto’s resignation over bad governance, corruption, the incompetence of his Cabinet and lack of accountability. Ruto then dismissed all but one Cabinet minister but the protests continued.

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