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

SAMUEL ETO’O BANNED FROM ATTENDING CAMEROON MATCHES FOR SIX MONTHS OVER MISCONDUCT. (PHOTO).


 SAMUEL ETO’O BANNED FROM ATTENDING CAMEROON MATCHES FOR SIX MONTHS OVER MISCONDUCT


The FIFA Disciplinary Committee has imposed a six-month ban on Samuel Eto'o, the president of the Cameroon Football Federation (FECAFOOT), preventing him from attending matches involving the Cameroon national teams.


Eto'o's suspension is due to violations of Articles 13 ("Offensive conduct and violations of fair play principles") and 14 ("Misconduct by players and officials") of FIFA's Disciplinary Code.


These violations are linked to Cameroon's last-16 game against Brazil, which the South Americans won 3-1 after extra time.


Eto'o and the Cameroon delegation saw red over a penalty that led to Brazil's equaliser at the match in Bogota, Colombia on September 11.


Eto'o is suspended from attending any Cameroon matches, men or women and of any age category, but the sanction does not effect his role as president of Fecafoot, Cameroon's football federation.


"The sanction imposed on Mr. Eto'o will prevent him from attending matches of both the men's and women's national teams of FECAFOOT at any category or age group," FIFA stated, adding that the decision has been communicated to the president of the Cameroon Federation and is effective immediately.


In July, Eto’o was fined $200,000 for a brand deal with an online gambling firm ruled an ethics violation by the Confederation of African Football.


Eto’o, elected president of Fecafoot in 2021, was also in conflict with his country’s sports ministry, calling their appointment of Belgian Marc Brys earlier this year as the men’s team coach “illegal”.

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