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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COMMONWEALTH ELECTS GHANA'S FOREIGN MINISTER AS NEW SECRETARY-GENERAL.(PHOTO).

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 Commonwealth elects Ghana's foreign minister as new secretary-general


Commonwealth members selected Shirley Ayorkor Botchwey as secretary-general of the 56-nation club headed by Britain's King Charles, the Commonwealth said on Saturday, the final day of a summit in Samoa attended by Charles and Queen Camilla, Reuters reported.


Representatives of the countries, most with roots in Britain's empire, are attending the Commonwealth Heads of Government Meeting that began in the Pacific Island nation on Monday, with slavery and the threat of climate change emerging as major themes.


"Today at #CHOGM2024, Commonwealth Heads of Government have selected the Hon Shirley Ayorkor Botchwey, currently the Minister for Foreign Affairs and Regional Integration of Ghana, as the incoming Secretary-General of the Commonwealth," the Commonwealth said on X.


Botchwey, a supporter of reparations for transatlantic slavery and colonialism, takes over from Britain's Patricia Scotland, who has been in the job since 2016.


Earlier on Saturday, Britain's king and queen flew out of Samoa, after a visit in which the monarch acknowledged the Commonwealth's "painful" history, amid a push for former colonial powers to pay reparations for their role in transatlantic slavery.


Charles on Friday said in a speech to the summit that he understood "from listening to people across the Commonwealth how the most painful aspects of our past continue to resonate".


"It is vital, therefore, that we understand our history, to guide us towards making the right choices in future," he said.


The push for ex-colonial powers such as Britain to pay reparations or make other amends for slavery and its legacies today has gained momentum worldwide, particularly among the Caribbean Community (CARICOM) and the African Union.


Those opposed to reparations say countries should not be held responsible for historical wrongs, while those in support say the legacy of slavery has led to vast and persistent racial inequality.


British Prime Minister Keir Starmer, who is at the summit, has rejected calls for reparations and ruled out apologising for the country's historic role.

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