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

COTE D'IVOIRE SIGNS DEFENCE DEAL WITH TURKIYE. (PHOTO).

 

Côte d'Ivoire signs defence deal with Türkiye


Türkiye and Côte d'Ivoire have signed a military deal to boost bilateral ties further.


The mutual cooperation agreement was signed at the ongoing SAHA EXPO Defence and Aerospace Exhibition 2024, Türkiye's and Europe's largest industrial cluster, in Istanbul, TRT Afrika reported.


It is being attended by over 1,400 companies from more than 120 countries, 178 foreign procurement delegations, and 312 official delegations, including 25 ministerial-level teams.


''Minister of National Defence Yaşar Güler met Côte d'Ivoire's Defence Minister, Tene Brahima Ouattara, who attended SAHA EXPO. Following the meeting, both ministers signed a Military Training and Cooperation Agreement,'' the Turkish Defence Ministry said in a statement on X.


The agreement is expected to expand security ties between Türkiye and Côte d'Ivoire, including training. After signing the deal, ministers Güler and Ouattara exchanged their countries' coats of arms.

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