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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AUSTRALIA'S RESOLUTE MINING CONFIRMS CEO AND TWO OTHER EMPLOYEES DETAINED IN MALI. (PHOTO).

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 Australia's Resolute Mining confirms CEO and two other employees detained in Mali


Australian gold miner Resolute Mining, confirmed on Sunday that the company's CEO Terence Holohan and two other employees have been temporarily detained by government officials in Mali, Reuters reported.


The executives were in Bamako to hold discussions with the mining and tax authorities regarding general activities related to the company's business practices in Mali.


"Following the conclusion of these meetings on Friday, the three employees were unexpectedly detained," Resolute said in a statement.


"While Resolute is working toward a settlement with the Government of Mali to help secure the long-term future of the Syama Gold Mine, the utmost priority remains the safety and wellbeing of its employees."

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