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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NEW YORK CITY ENDS CONTROVERSIAL FOOD VOUCHER PROGRAM FOR MIGRANTS.(PHOTO).

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New York City Ends Controversial Food Voucher Program for Migrants


New York City Mayor Eric Adams announced the end of the migrant voucher program after a phone call with President-elect Donald Trump

48 hours after his victory.


New York City has announced it will end its program of providing food vouchers to migrants, a decision that concludes a controversial initiative frequently criticized by conservatives and other groups.

Under the pilot program, asylum seekers staying in hotels converted into shelters received preloaded Mastercards, providing about $350 per week for a family of four to cover groceries and baby supplies.

The city awarded a $53 million one-year “emergency” contract to New Jersey-based tech startup Mobility Capital Finance, bypassing the usual competitive bidding process, a decision that sparked significant backlash.

“As we move towards more competitive contracting for asylum seeker programs, we have chosen not to renew the emergency contract for this pilot program once the one-year term concludes,” Mayor Eric Adams’s Office said in a statement.

The city launched the program in late March, following a contract signed two months prior. Since then, it has distributed $3.2 million in prepaid debit cards to around 2,600 migrant families to help cover food expenses.

The program aimed to reduce costs and food waste related to the city’s boxed meal delivery service, as much of the pre-packaged food was reportedly scrapped. By allowing migrants to choose their own groceries, it helped reduce waste.

Conservative commentators and some elected officials criticized the initiative, suggesting it was prone to waste, fraud, and abuse. However, City Hall spokesperson Fowler stated that no such issues emerged.

In fact, according to city officials, the debit cards can only be used at groceries, convenience stores and bodegas, and do not work at other businesses; families receiving assistance must sign affidavits committing to using the cards exclusively for their intended purpose, with violators facing the possibility of having their cards revoked.

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