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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MADAGASCAR TO RECEIVE REMAINS FROM EX-COLONIAL RULER FRANCE. (PHOTO).

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 Madagascar to receive remains from ex-colonial ruler France


The culture ministers of France and Madagascar on Thursday took the first step toward repatriating human remains taken from the Indian Ocean island while under French colonial rule, AFP reported.


A joint scientific committee will review Madagascar's request that France return the skull of King Toera, beheaded by troops during the early days of colonisation.


The review is the first of its kind since France voted in December 2023 to facilitate the restitution of human remains held in its public collections.


"France wants to respond to this expectation," Culture Minister Rachida Dati told reporters, hailing a "historic moment" alongside her Madagascan counterpart Volamiranty Donna Mara.


'Of crucial importance'


These remains are "of crucial importance" to the Malagasy people, Mara said.


Madagascar declared independence in 1960 after more than 60 years of French colonial rule.


The committee will issue an opinion to the French government, which will then decide on returning King Toera's remains and those of two chiefs from Madagascar's Sakalava ethnic group, all currently held in the country's natural history museum in Paris.


France has voted on several laws in recent years aimed at returning artefacts held in its museums to their original countries or owners.

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