The de facto chief of South Korea’s Samsung business empire was convicted Monday over a huge corruption scandal and jailed for two and a half years, in a ruling that deprives the tech giant of its top decision-maker. Lee Jae-yong, vice-chairman of Samsung Electronics, the world’s biggest smartphone and memory
Former Spanish King Juan Carlos has been exiled over a corruption investigation into the €6.7bn Saudi Mecca-Medina Rail Link deal. Spain’s Supreme Court has said it aims to establish Juan Carlos’s connection with the Saudi project after his abdication in June 2014. The investigation included Swiss Banks too. Former Spanish King
A Rs 705 crore scam, related to Mumbai International Airport has come to light. A joint authority between Airport Authority of India (AAI) and a private company GVK Airports Holdings, was formed for upgradation and maintenance of Mumbai airport. GVK Group’s Chairman GVK Reddy, and his son and MD of
