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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30 NORTH KOREAN OFFICIALS EXECUTED OVER MISHANDLING OF FLOOD DISASTER. (PHOTO).

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 30 North Korean Officials Executed Over Mishandling of Flood Disaster


Recent reports suggest that 30 government officials in North Korea have been executed for their failure to respond effectively to the severe floods and landslides that claimed over 4,000 lives last month. South Korean media outlet TV Chosun revealed that the officials faced charges of corruption and neglect of duty.


The floods in July hit Chagang Province hard, displacing over 15,000 people and causing massive damage to homes, farmland, roads, and railways, especially in areas like Sinuiju and Uiju.


North Korean leader Kim Jong-un has reportedly responded by removing high-ranking officials and ordering punishments for those responsible for poor disaster management. TV Chosun reported that many were executed at the end of last month. However, independent sources have yet to confirm the accuracy of these claims.


Despite the disaster, Kim Jong-un has rejected offers of international aid and directed officials to relocate displaced citizens to Pyongyang, where they can receive better assistance. Reconstruction efforts are expected to take two to three months, with 15,400 people needing support in the capital.


This crackdown follows North Korea's history of public executions, which experts say have increased in recent years due to economic instability, sanctions, and natural disasters.


In past instances, reports of executions in North Korea have been questionable. For example, Kim Hyok Chol, who was said to be executed in 2019, was later confirmed alive, raising doubts about the reliability of such reports. 

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