The bargain being negotiated anticipates involvement from , some of , ByteDance’s recent US traders, according to the sources. Jeff Yass’s Susquehanna International Group, General Atlantic, Kohlberg Kravis Roberts (KKR ) and Sequoia Capital are among ByteDance’s US backers. Representatives for , TikTok, ByteDance owners General Atlantic, KKR, Sequoia and Susquehanna was notContinue Reading
Even taking to X to denounce Hegseth, former Democrat US Representative Debbie Mucarsel-Powell said:” Hegseth didn’t name one nation that’s part of ASEAN and he doesn’t know any of the US global surveillance contracts. America, if you want peace and security, this ain’t it”! One of the most contentious nomineesContinue Reading
In response to a debate over H-1B visas, which President-elect Donald Trump and his supporters Elon Musk recently made comments, New Delhi reported on Friday ( January 3 ) that the movement of skilled professionals benefits both countries. India, known for its large share of IT specialists, many of whomContinue Reading
PODGORICA, Montenegro:  , Montenegro , on Tuesday ( Dec 31 ) extradited to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul over his firm’s multi-billion-dollar bankruptcy, officials said. Do Kwon was “hand over to the competent law enforcement of the United States ofContinue Reading
An Indonesian minister told AFP on Saturday ( Dec. 28 ) that France has officially requested the transfer of a French death row inmate who has spent nearly 20 years in jail. A Filipina mother on death row and the last five people of the so-called” Bali Nine” drug circleContinue Reading
The US Department of Defense announced the repatriation of two Guantanamo Bay detainees to Malaysia on Wednesday ( Dec. 18 ), with the statement that the country was preparing to implement a reintegration program for the two men. According to a declaration from the defense office, Mohammed Farik al AminContinue Reading
SYDNEY: Australia’s government said on Sunday ( Dec 15 ) that five members of the” Bali Nine” drug ring have returned from Indonesia, after diplomatic efforts between the countries this month to strike a repatriation deal. ” The American Government can ensure that American people, Matthew Norman, Scott Rush, MartinContinue Reading
Washington now sees its military reputation as a defense against further unrest, despite the uncertainty surrounding Syria’s new leaders ‘ views on US appearance. Hayat Tahrir al-Sham, one of the rebel forces that put an end to 50 years of brutal royal rule under Assad, is also regarded as aContinue Reading
US prosecutors charged billionaire Indian industrialist Gautam Adani with paying hundreds of millions of dollars in bribes and hiding the payments from investors on Wednesday ( Nov 20 ), according to a statement released on the case.
The president of Adani Group, who has an extensive business empire that includes coal, airports, cement, and media, has recently been stung by allegations of corporate fraud and a stock crash.
Authorities alleged Adani, his brother Sagar Adani, Adani Green Energy, and Vneet Jaain that they had agreed to pay more than US$ 250 million in money to American government officials in exchange for contracts slated to bring in US$$ 2 billion in profits over the course of 20 years.
The alternative energy company, according to the prosecution, even allegedly made false and deceptive remarks during this time that resulted in more than US$ 3 billion in loans and bonds.
None of the many accused in the case, including Adani, are in prison, the attorney’s office told AFP.
One of Adani’s alleged accomplices, according to the prosecution, used his phone to properly track pay payments.
According to Deputy Assistant Attorney General Lisa Miller,” This accusation alleges plans to pay over US$ 250 million in money to American government officials, to rest to investors and banks to increase billions of dollars, and to hinder justice.”
A prosecutor has issued arrest warrants for Gautam Adani and Sagar Adani, according to court documents, and prosecutors intend to execute those permits on international law enforcement.
The FBI’s James Dennehy claimed that Gautam Adani and seven different business professionals allegedly bribed the American state to obtain attractive deals to gain their firms, while another defendants allegedly attempted to defuse the corruption plot by obstructing the government’s investigation.
A self-described shy, Adani keeps a low page and often speaks to the media, generally sending commanders to top corporate events.
Adani was born in Ahmedabad, Gujarat condition, to a middle-class home but dropped out of school at 16 and moved to monetary investment Mumbai to find work in the state’s attractive gem trade.
He branched out into the export trade in 1988 after a short stint in his brother’s plastics company.
Seven years later, he received a contract to construct and run a commercial shipping port in Gujarat.
Adani Group’s rapid expansion into capital-intensive businesses previously raised alarms, with Fitch subsidiary and market researcher CreditSights warning in 2022 it was “deeply over-leveraged”.
A blatant report from US investment firm Hindenburg Research in 2023 claimed the conglomerate had engaged in “brazen stock manipulation and accounting fraud schemes over the course of decades.”
Hindenburg said a pattern of “government leniency towards the group” stretching back decades had left investors, journalists, citizens and politicians unwilling to challenge its conduct” for fear of reprisal”.
Washington, a month after President Joe Biden’s administration threatened to withhold some military support, announced on Tuesday ( Nov 12 ) that Israel was not breaking US law regarding the amount of aid entering Gaza. Last month, Defense Secretary Lloyd Austin and Secretary of State Antony Blinken sent a letterContinue Reading