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

GUINEAN OPPOSITION AND CIVIL SOCIETY CALL FOR JUNTA'S DEPARTURE BY 1ST JANUARY, 2025.(PHOTO).


 Guinean opposition and civil society call for junta's departure by Jan. 1


A committee of Guinean opposition groups, civil society organisations and activists known as the Forces Vives called on Tuesday for the West African country to establish civilian rule by Jan. 1, Reuters reported.


The junta that seized power in a 2021 coup proposed a two-year transition to elections from 2022 after negotiating with the Economic Community of West African States regional bloc, but it has shown little sign of moving to organise a vote, stoking public frustration.


The top bauxite producer has witnessed sporadic protests against the authorities and military leader Mamady Doumbouya since he took office. Some have led to deadly clashes with security forces.


In July, Guinea's transitional authorities presented the draft of a new constitution which would potentially allow Doumbouya to participate in the next presidential election.


No date has yet been set for a promised referendum on the constitution, which they said would be a precursor to any election.


"Faced with this gloomy picture, the Forces Vives of Guinea solemnly call for unity of action and the mobilisation of all the nation's living forces, both civilian and military, to demand the departure of the junta and the establishment of a civilian transition by January 1," the group said in a statement.

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