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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REPORT: US SENT AIRCRAFT WITH MEDICAL EQUIPMENT TO EVACUATE BINANCE EXECUTIVE FROM NIGERIA. (PHOTO).

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 Report: US sent aircraft with medical equipment to evacuate Binance executive from Nigeria


The US sent an aircraft equipped with medical equipment to evacuate Tigran Gambaryan, an executive of Binance Holdings Limited, from Nigeria, according to The New York Times.

Gambaryan left the country after the federal government dropped money laundering charges against him on Wednesday.

The Binance executive had been in detention since February following the clampdown on the cryptocurrency exchange firm over alleged manipulation of the naira.

The federal government had detained Gambaryan and Nadeem Anjarwalla, a Binance regional manager, over the activities of the cryptocurrency firm.

However, in March, Anjarwalla escaped from the custody of the office of the national security adviser (ONSA), leaving only Gambaryan to face the charges.

Yuki, Gambaryan’s wife, had repeatedly written to the federal government to release her husband over his deteriorating health condition.

During his stay in custody, the newspaper said the Binance executive contracted malaria, double pneumonia, and he has a herniated disk.

The release of Gambaryan was a result of “less confrontational” conversations between the US and Nigerian officials, the newspaper said.

Antony Blinken, US secretary of state, was quoted as saying that the release of Gambaryan is an outcome of the commitment of both countries to work together.

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