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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SOUTH AFRICAN POLICE ARREST 540 ILLEGAL MINERS. (PHOTO).

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 South African Police Arrest 540 Illegal Miners


South African authorities have forced 540 illegal miners out of an abandoned mine shaft in Orkney, arresting them for illegal mining activities.


South African authorities blocked food and water deliveries to the mine, leading to starvation and dehydration among the miners. Thousands of "zama zamas" (illegal miners) operate in South Africa.


Since December 2023, 13,690 suspects have been arrested, with R5 million in cash and R32 million in uncut diamonds seized. National Police Commissioner Lt Gen Shadrack Sibiya praised the operation, stating that the rule of law must be restored.

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