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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SEVERAL KILLED IN MOZAMBIQUE PROTESTS OVET POLL RESULTS. (PHOTO)

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 Several killed in Mozambique protests over poll results


At least 10 people have been killed in Mozambique in protests over the October 9 presidential election, which was won by FRELIMO party candidate Daniel Chapo, TRT Afrika reported.


The country's Public Integrity Center (CIP), an independent organisation, says the deaths have been recorded in different parts of the country following post-election violence, arising from youth-led protests.


Mozambique's capital Maputo bore the harshest brunt of the demonstrations after Chapo was declared the winner with nearly 71% of the vote on Thursday.


FRELIMO has been in power since Mozambique got independence from Portugal in 1975.


FRELIMO party offices burnt


Independent candidate Venancio Mondlane, supported by the Optimistic People for the Development of Mozambique (PODEMOS), came second with 20% of the vote.


The main opposition candidate, Ossufo Momade, of RENAMO party came third with nearly 6% of the vote.


Mozambican media report that three offices of the ruling FRELIMO party were torched by protesters, while several shops were looted and vehicles set on fire.


Hundreds have been arrested, with official police figures indicating that 20 have sustained injuries in the demonstrations.


President urges calm


Police further say that at least eight officers have been injured in the protests, and that 44 suspects have criminal proceedings opened against them.


Law enforcement officers in Mozambique are yet to give official death toll figures, but several media outlets in Mozambique report that there are fatalities in the ongoing protests.

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