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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SOUTH AFRICAN DEPUTY PRESIDENT PAUL MASHATILE COLLAPSES DURING A SPEECH. (VIDEO/PHOTO).

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South African Deputy President Paul Mashatile Collapses During A Speech


South Africa's deputy president, Paul Mashatile, is “fine” after a health scare on Saturday after he collapsed while delivering his address at the N’wamitwa Day celebrations in Tzaneen (Limpopo province). 


Those in Mashatile’s circle said the collapse was caused by dehydration due to the heatwave in the area.


They told TimesLIVE that the deputy president was not rushed to hospital as reported and that he was “fine”.


His team said the deputy president was out of danger.


Mashatile had told those in attendance that he was pleased with the progress on the Giyani Water Project.


“This project, which aims to ensure the timely delivery of reliable water services to underserved areas within the 55 villages located in the Greater Giyani Local Municipality, is well on its way to making a positive impact. We are filled with hope and optimism for the future of this important initiative,” he said.


Limpopo premier Phopi Ramathuba and Mashatile's spokesperson Keith Khoza were expected to update the media on the matter.


Ramathuba told SABC on Saturday the deputy president was fine.


We've had to move him to an area where the medics can be given an opportunity to take care of him, which we have done. As to where it is I don't think it is necessary for you and I to know,” she said.


“What is important for you to know is that the deputy president of the Republic of South Africa is in good spirits. He is fine.”

Watch video below. 


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