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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SUPER FALCONS RANKS 36TH IN WORLD FIFA RANKINGS, MAINTAINS 1ST POSITION IN AFRICA. (PHOTO).

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 Super falcons ranks 36th in world Fifa rankings, maintains 1st position in Africa



The Super Falcons of Nigeria have maintained their 36th position in the most recent FIFA ranking. The update was announced on the website of the world football governing body on Friday, August 16, 2024.


In the African rankings, the Falcons still hold the top position, followed closely by South Africa’s Banyana Banyana.


The Falcons' standing in the rankings was not unexpected, considering their disappointing performance at this summer's Olympics held in Paris. The team finished at the bottom of a challenging group that included Olympic finalist Brazil, Japan, and world champions Spain.


Their matches in the group stage resulted in losses, with the Falcons being defeated by Brazil and Spain, both by a margin of 1-0. The game against Japan also ended in a 3-1 defeat, concluding their Olympic campaign in disappointment.


Zambia, another African representative at the Paris Olympics, has moved up to 62nd place in the rankings. Like the Falcons, the Zambian team also faced defeats in all three of their group stage matches in their second appearance at the Olympics.


Other African teams that saw upward movement in the rankings include South Africa, now at 50th place, and Tunisia at 58th place.


In the updated rankings, the United States of America, the champions of the Paris Olympics, have reclaimed the number one spot. Brazil, the silver medalists, have also moved up and are currently in eighth place, while Spain dropped to third. 

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