INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

CAMEROON HEALTH WORKER SET TO STRIKE OVER POOR WORKING CONDITIONS. (PHOTO).

 


Cameroon Health Workers Set to Strike Over Poor Working Conditions


Health workers in Cameroon, represented by their union, have announced plans to launch a nationwide strike on September 30, 2024. 


The strike, set to take place in front of the Ministry of Public Health in Yaoundé and regional delegations, aims to demand better working conditions.


 The union has expressed frustration over unresolved issues, including the exploitation of 27,000 temporary workers without pay, unfair recruitment practices, non-payment of promotions, and poor treatment of staff. 


A previous strike notice in July received no response from the government, prompting this latest action.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).