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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AROUND 40 KILLED IN ATTACK ON CHAD MILITARY BASE,PRESIDENCY SAYS.(PHOTO).

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 Around 40 killed in attack on Chad military base, presidency says


Around 40 soldiers were killed in an attack on a military base in Chad's Lake region over the weekend, the central African country's presidency said on Monday, Reuters reported.


President Mahamat Idriss Deby was in the area on Monday to launch an operation to track down the assailants, a presidency statement said.


The presidency blamed Sunday's attack on Boko Haram in a second statement issued later on Monday. The Lake Chad region has been repeatedly attacked by insurgencies including by Islamic State in West Africa and Boko Haram, which erupted in northeast Nigeria in 2009 and spread to the west of Chad.


There was no immediate claim of responsibility from the group.


Chad is an important ally for French and U.S. forces aiming to fight jihadists in the Sahel, which has become the epicentre of global terrorism under attack by factions loyal to al Qaeda and Islamic State.


Mali, Niger and Burkina Faso have ended military operations with the U.S. and France in recent years and turned to Russia for support instead.

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