Billionaire's U.s Bribery

U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme

Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.

Energy Billionaire's U.S. Bribery Scandal Shows Risks of India's Bet on Giant Firms

In the wake of U.S. bribery allegations against top executives of India’s Adani Group, the country faces a reckoning with an economic model that has allowed a small group of entrepreneurs to grow ...

World - The Wall Street Journal - 6 hours ago

Comcast's cable network spinoff may be a signal to the media industry for necessary change

Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.

Business - CNBC - November 20

Billionaire Gautam Adani charged in New York with massive fraud, bribery scheme

Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to secure solar energy supply contracts.

Business - CNBC - 6 days ago

Billionaire Gautam Adani charged in US over alleged $250m bribery plot

Indian chair of Adani Group, worth about $85bn, accused of agreeing to pay bribes to obtain solar energy contracts. Gautam Adani, one of the world’s richest men, has been indicted in New York over ...

World - The Guardian - November 20

US charges Indian billionaire Adani over alleged $250m bribery scheme

The Adani Group has denied the allegations of bribery and fraud, calling them "baseless".

Who is Gautam Adani, the Indian billionaire charged in the US over bribery plot?

Adani, widely regarded as one of the wealthiest and most powerful men in India, has close ties to Modi’s government. Gautam Adani is widely regarded as one of the most powerful men in India, as ...

World - The Guardian - 6 days ago

India's 2nd-wealthiest person charged by U.S. in $250 million bribery scheme

U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay $250 million in bribes to Indian ...

How Indian Coal King's Bid to Rule Solar Sparked U.S. Bribery Charges

Prosecutors accuse billionaire Gautam Adani and advisers of offering $250 million in bribes.

World - The Wall Street Journal - 6 days ago

Billionaires see the stakes of election

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Billionaires with business interests riding on election For billionaires who have ...

Politics - The Hill - October 31

Gautam Adani charged in US over alleged $250mn bribery scheme

Prosecutors accuse tycoon and others of lying to investors and offering millions in bribes to land lucrative contracts

World - Financial Times - 6 days ago

Thales Faces Bribery, Corruption Probe

Thales shares fell after French and British authorities launched a joint investigation into suspected bribery and corruption at the aerospace and defense group.

Business - The Wall Street Journal - 5 days ago

What’s a Democratic Billionaire to Do Now?

The party’s donor class is still wrestling with Donald Trump’s victory, worried about retribution and sluggish liberal energy. Some rich Democrats are even pondering leaving the country.

Top stories - The New York Times - 7 hours ago

UK fraud agency opens bribery investigation of Thales

Probe of defence group will be jointly conducted with France’s Parquet National Financier

Business - Financial Times - 6 days ago

China loses third of its billionaires as economy falters

ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortune

World - Financial Times - October 29

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - October 30

An excess of billionaires is destabilising politics – just as academics predicted

Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy. The concept of “elite overproduction” was developed by ...

World - The Guardian - October 31

Billionaires have business interests hinging on election outcome

Billionaires who have funneled tens of millions of dollars into the 2024 election or who have made key decisions affecting the race have a lot riding on the outcome. Two of the biggest names to get ...

Politics - The Hill - October 31

Russian bribery seeks to skew Moldova’s presidential run-off

Officials estimate $100mn spent by Moscow as second round follows upset last month for pro-EU president Maia Sandu

Business - Financial Times - November 3

"Fat Leonard" sentenced to 15 years in massive Navy bribery case

Leonard Glenn Francis, known as "Fat Leonard," masterminded an unprecedented bribery and fraud scheme targeting the U.S. Navy.

'Fat Leonard,' Navy contractor behind bribery scheme, sentenced to 15 years

Former military defense contractor Leonard “Fat Leonard” Francis was sentenced Tuesday to 15 years in prison for masterminding a decade-long bribery scheme that swept up dozens of U.S.

'Fat Leonard' Francis sentenced to 15 years in massive military bribery scandal

Former Navy contractor Leonard Francis, also known as "Fat Leonard," the mastermind of one of the largest U.S. military bribery scandals, was sentenced Tuesday to 15 years in prison for his role in ...

Politics - The Hill - November 6

US jails Fat Leonard in Navy's biggest bribery scandal

The businessman had previously pleaded guilty to bribing senior officials with cash and sex parties.

Jackson mayor and other local Mississippi officials accused of bribery

The mayor of Mississippi’s capital said Thursday “he will continue to handle the business of the city,” after he pleaded not guilty to charges related to an alleged bribery scheme that has also led ...

Federal bribery investigation is another blow for Mississippi's embattled capital

Political observers say Jackson Mayor Chokwe Antar Lumumba's indictment could intensify a long-running battle between city Democrats and Mississippi Republicans.

US Charges Gautam Adani With Fraud Over Bribery Scheme

Gautam Adani and his associates were accused of paying more than $250 million in bribes to obtain lucrative solar energy contracts.

Tech - The New York Times - 6 days ago

Adani Group slams 'baseless' New York fraud and bribery charges

India's Adani Group has denied allegations of bribery and fraud made by U.S. authorities in relation to the group's chair Gautam Adani.

Business - CNBC - 6 days ago

Bribery Charges Against Gautam Adani Strike at Heart of Modi’s India

The U.S. indictment names Gautam Adani, one of India’s richest businessmen, but it points to an even bigger target: how business is done there.

Business - The New York Times - 6 days ago

$20bn wiped off Adani corporate empire after bribery charges

US corruption charges against one of India’s richest men sent shares in his businesses reeling