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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KINDIKI: KENYA'S LAW PROFESSOR-TURNED-DEPUTY PRESIDENT. (PHOTO).

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Kindiki: Kenya's law professor-turned-deputy president


Kenya's Kithure Kindiki has been sworn in as the country's new deputy president to replace Rigathi Gachagua, who was impeached by parliament in October, TRT Afrika reported.


Professor Kindiki's swearing-in — marked by a public holiday — was held at the Kenyatta International Convention Centre (KICC) in Kenya's capital Nairobi on Friday, November 1.


The ceremony came hours after the High Court lifted orders that had barred Kindiki's oath-taking following a petition filed by former Deputy President Gachagua.


It is that oath that ostensibly marks the end of Gachagua's two years in office as Kenya's second-most powerful person.

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