Indian billionaire Gautam Adani, founder of the Adani Group, has spoken out for the first time about recent bribery accusations leveled against him and his company by US authorities. Addressing an audience at an awards ceremony in Jaipur, Adani firmly denied the allegations and emphasized his company’s resilience in the
The Adani Group, one of India’s largest business empires, has faced a shocking $55 billion loss in market value. This comes after US prosecutors accused its top executives, including chairman Gautam Adani, of being involved in a massive bribery and fraud scheme. Gautam Adani, once among the world’s richest men,
The Adani Group, one of India’s largest business empires, is in deep trouble. The company has lost around $26 billion in market value after the US Department of Justice (DOJ) accused its founder, Gautam Adani, and key executives of bribery and fraud. Adani Enterprises, the flagship company of the group,
RTX Corporation, the defense company formerly known as Raytheon, has agreed to pay more than $950 million to settle serious accusations of fraud and bribery. These allegations involve cheating the government and making illegal payments to secure business contracts with Qatar. What Happened? On a Wednesday in October, RTX entered
According to Russian state media, Russian authorities arrested Lieutenant-General Vadim Shamarin, deputy to General Valery Gerasimov, head of the army’s general staff, on suspicion of large-scale bribe-taking. Is President Vladimir Putin continuing what appears to be a purge of his senior defense staff members? The Kremlin escalated its crackdown on
According to a report by Mint, a bribery scandal has rocked India’s IT giant TCS (Tata Consultancy Services) as it is alleged that bribes were paid to secure jobs for certain candidates over an extended period of time. TCS denies sending warning memos to employees Photograph:(Zee News Network) Tata Consultancy
Allegedly, Burisma founder Mykola Zlochevsky possessed 17 recordings implicating the Bidens in a pay-to-play scandal. The allegation suggests that the Bidens coerced Burisma into paying $10 million in bribes. The Bidens allegedly “coerced” a foreign national to pay them $10 million in bribes, according to individuals familiar with the investigation
An 18th-century East India Company merchant named John Pybus offers advice on tax dodging and bribery in his notes. East India Company merchant John Pybus compiled notes about the practicalities of trade in various ports and settlements of the Indian Ocean in the 18th century. Among lists of prices, exchange
