NEW YORK — A Brooklyn real estate magnate accused of working with a Turkish government official to funnel illegal campaign contributions to New York City Mayor Eric Adams plans to plead guilty to a conspiracy charge tied to the scheme, federal prosecutors said Monday. Erden Arkan, the owner of a real estate construction firm, was […]
CHICAGO — Hours of secretly recorded videos and phone calls have offered a rare glimpse into how the longest-serving legislative leader in American history operated behind closed doors. As the corruption trial of former Illinois House Speaker Michael Madigan stretches into its third month, testimony has covered his multiple alleged schemes, from kickbacks involving the […]
Reuters Billionaire Gautam Adani, who founded the Adani Group, was charged with fraud in the US last month Bribery charges by a US court against the Adani Group are unlikely to significantly upset India’s clean energy goals, industry leaders have told the BBC. Delhi has pledged to source half of its energy needs or 500 […]
NEW DELHI (AP) — Indian tycoon Gautam Adani said his conglomerate is committed to “world-class regulatory compliance” after being indicted in the U.S. on fraud charges and an alleged bribery scheme worth millions of dollars, his first remarks since the accusations surfaced. Adani, 62is one of Asia’s richest men and perceived as close to Prime […]
This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to receive the newsletter every weekday. Explore all of our newsletters here In today’s newsletter: Adani’s corporate empire sheds $20bn The Chinese satellite group challenging Musk’s Starlink in Brazil The banana that sold for […]
The stiff penalty was the potentially final step in the stunning downfall of the former official, Genaro García Luna, who has gone from the heights of power to imprisonment.
