Articles for Million Bribery

US bribery charges linked to only one contract, comprises 10% of business: Adani Group CFO
Top News
1 month ago

US bribery charges linked to only one contract, comprises 10% of business: Adani Group CFO

Live Mint  

A US bribery indictment of billionaire industrialist Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10 per cent of its business, and no other firms in the conglomerate are accused of wrongdoing, said the conglomerate's chief financial officer on Saturday, November 23. Adani Group CFO defends conglomerate against bribery charges CFO Jugeshinder Singh …

Singh Group Cfo Adani One Contract
Adani bribery case: US SEC summons Gautam Adani, Sagar Adani
Trending News
1 month ago

Adani bribery case: US SEC summons Gautam Adani, Sagar Adani

Live Mint  

BENGALURU : The US Securities and Exchange Commission has issued a summons to Adani Group's founder and chairman, Gautam Adani, and his nephew and Adani Green Energy's executive director, Sagar Adani, thereby kickstarting legal proceedings in the alleged ₹2,000 crore bribery case. "We became aware of the ‘specificity’ of this two days ago," Adani Group chief financial officer Jugeshinder Singh …

Indian Green New York Singh Gautam Adani Adani Doj
Moody's says US bribery charges against Gautam Adani negative for credit rating: Report
1 month ago

Moody's says US bribery charges against Gautam Adani negative for credit rating: Report

Hindustan Times  

Credit rating agency Moody’s has said the bribery charges against Gautam Adani, the chairman of Adani Group, would be seen as a credit negative for the conglomerate's companies, Money Control reported. A Moody's sign is displayed on 7 World Trade Center, the company's corporate headquarters in New York “The indictment of Adani Group's chairman and other senior officials on bribery …

Group Sec Gautam Adani Adani Bribery Charges Million Bribery
Glencore pays up to $1.5B to resolve corruption claims
2 years, 6 months ago

Glencore pays up to $1.5B to resolve corruption claims

Associated Press  

BERLIN — Commodities firm Glencore says it has reached deals with authorities in the United States, Britain and Brazil to resolve corruption allegations in return for penalties totaling up to $1.5 billion. The U.S. Department of Justice said its case against the company related to “a decade-long scheme by Glencore and its subsidiaries to make and conceal corrupt payments and …

Glencore Paid Resolve Corruption