bribery
TotalEnergies, which is a partner of India’s Adani group in renewable energy projects, will not make any new financial contribution as part of its investments in the group of companies until the ongoing U.S. investigations into Adani executives for corruption are clarified, the French supermajor said on Monday. Last week, the U.S. Attorney’s Office for […]
Shares connected to the Adani Group—chaired by Indian billionaire Gautam Adani—plunged by double digits on Thursday after U.S. law enforcement agencies accused Adani and fellow executives of paying more than $250 million in bribes to Indian government officials. Adani Enterprises, the group’s flagship company, fell by over 20%. Fellow group companies Adani Green Energy and […]
NEW DELHI (AP) — One of Asia’s richest men, Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% in value Thursday after he was indicted by U.S. prosecutors on charges that he duped investors in a massive solar energy project in India by concealing that it was being […]
Item 1 of 2 People walk outside the National Stock Exchange (NSE) in Mumbai, India, October 22, 2024. REUTERS/Francis Mascarenhas/File Photo [1/2]People walk outside the National Stock Exchange (NSE) in Mumbai, India, October 22, 2024. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing Rights, opens new tab Nov 21 (Reuters) – India’s benchmark equity indexes fell on Thursday, […]
Federal prosecutors in New York charged the Indian tycoon Gautam Adani, one of the world’s richest people, with multiple counts of fraud on Wednesday, accusing him and associates of bribing Indian officials and later lying to investors about the scheme. Mr. Adani, who has amassed a fortune estimated to be over $85 billion from the […]
US senator Bob Menendez has been found guilty of bribery, following a long-running trial in which the senior Democrat from New Jersey was accused of accepting gold bars, a Mercedes car and hundreds of thousands of dollars in cash to act on behalf of business associates and foreign governments. In a unanimous decision on Tuesday, […]
Two top executives of a New York-based technology services firm charged alongside the highest-ranking U.S. Navy admiral ever to face criminal indictment for bribery are fighting the charges, challenging federal prosecutors’ decision to bring what one of their lawyers called a “politically motivated” military corruption case. Charlie Kim, 50, and Meghan Messenger, 47, are set […]
In 2021, Burke allegedly told his staff to award Kim and Messenger a $355,000 military contract. In exchange, Kim and Messenger allegedly promised Burke employment at their company in the future. In 2022, Burke started working as a senior partner at Next Jump with a starting annual salary of $500,000 and 100,000 stock options, the […]
Image source, Getty Images Image caption, Robert Burke oversaw US naval operations in Europe, Russia and Africa in 2020-22 Article information Author, Jaroslav Lukiv Role, BBC News Reporting from London 7 hours ago A retired four-star US Navy admiral has been arrested on allegations that he agreed to award a government contract to a company […]
A federal judge has dismissed the felony convictions of five retired military officers who had admitted to accepting bribes from a Malaysian contractor nicknamed “Fat Leonard” in one of the Navy’s biggest corruption cases By JULIE WATSON Associated Press May 21, 2024, 6:01 PM ET • 3 min read SAN DIEGO — A federal judge […]