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

DR CONGO WAR UPROOTED NEARLY ONE MILLION PEOPLE THIS YEAR- UN. (PHOTO).


 DR Congo war uprooted nearly one million people this year - UN


Nearly a million people within the Democratic Republic of Congo have been displaced from their homes this year, the UN human rights chief said Tuesday, AFP reported.


Volker Turk said the situation in the country was deteriorating by the day, and voiced alarm at the growing numbers on death row after the DRC lifted its de facto moratorium on the death penalty.


Turk, who visited the DRC in April, told the UN Human Rights Council that the central African country was gripped by an "explosive mix of escalating violence, regional and international interests, exploitative corporations and weak rule of law".


He said the number of victims of human rights violations was continuing to rise, with 85 percent of abuses committed in the conflict-affected east in the 12 months to June 1. Armed groups were thought responsible for 61 percent of those violations.


Some 700 new victims of sexual violence were recorded in that period.


"According to humanitarian sources, 940,000 more people have been internally displaced this year, bringing the total number of internally displaced people to more than 6.4 million," Turk said.


He added that 23.4 million people were food insecure, meaning they lack regular access to enough safe and nutritious food.


Turk said he remained concerned by the lifting in March of the de facto moratorium on the death penalty in place since 2003, calling it a "major step backwards".


Since then, 128 men have been sentenced to death by military courts, he said.


"I urge the authorities to ensure that these sentences are not carried out," Turk said.

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).