Adani Group rocked by Hindenburg allegations against SEBI | Financial Markets News

Adani Group rocked by Hindenburg allegations against SEBI | Financial Markets News

Adani Group’s stock value plunged by nearly $150bn after Hindenburg Research’s first report in January 2023. Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, has faced another heavy share selloff after the short seller accused the head of India’s market regulator of having links to…

US Senator Bob Menendez to resign after corruption conviction | Corruption News

US Senator Bob Menendez to resign after corruption conviction | Corruption News

New Jersey Democrat faces decades in prison following his conviction for taking bribes and acting as an agent for Egypt’s government. United States Senator Bob Menendez has announced that he will resign next month following his conviction on corruption charges, including bribery and acting as an agent for Egypt’s government….

Former White House official Sue Mi Terry accused of acting as South Korea agent in exchange for luxury goods
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Former White House official Sue Mi Terry accused of acting as South Korea agent in exchange for luxury goods

A foreign policy specialist who once worked for the CIA and on the White House National Security Council (NSC) has been indicted on US charges she worked as an unregistered agent of South Korea’s government in exchange for luxury goods and other gifts. Sue Mi Terry advocated South Korean policy…

Malaysia’s Najib loses bid to serve corruption sentence in house arrest | Corruption News

Malaysia’s Najib loses bid to serve corruption sentence in house arrest | Corruption News

Jailed former leader claimed the Malaysian king issued a royal order authorising his transfer to house arrest. A court in Malaysia has dismissed a bid by jailed former Prime Minister Najib Razak to serve his remaining prison sentence under house arrest. The decision on Wednesday came in response to a…

Honduras ex-president sentenced to 45 years for helping drug traffickers | Drugs News

Honduras ex-president sentenced to 45 years for helping drug traffickers | Drugs News

Juan Orlando Hernandez says he was ‘wrongly accused’ at sentencing hearing for conviction on drugs and weapons charges. Juan Orlando Hernandez, the former president of Honduras once seen as an important US ally with tough-on-crime politics, has been sentenced to 45 years in prison for his conviction on drugs and…

Haiti to replace national police chief in effort to counter gang violence | Police News

Haiti to replace national police chief in effort to counter gang violence | Police News

The newly installed government in Haiti has announced the replacement of the head of the beleaguered national police force, in the latest effort to respond to gang violence in the crisis-wracked country. Police chief Frantz Elbe will be replaced with former chief Rameau Normil, the prime minister’s office has confirmed….

Malaysia handed back 6m in stolen 1MDB funds, US embassy says | Corruption

Malaysia handed back $156m in stolen 1MDB funds, US embassy says | Corruption

US ambassador says returned assets can be used for original purpose of bettering the lives of everyday Malaysians. Malaysia has been handed back $156m in assets linked to the 1MDB scandal after an investigation by the United States, the US embassy in Kuala Lumpur has said. US ambassador to Malaysia…

South African minister charged with corruption amid coalition talks | Elections News

South African minister charged with corruption amid coalition talks | Elections News

Sports, Arts and Culture Minister Zizi Kodwa arrested and charged of taking bribes as his ANC party struggles to form a government. South Africa’s outgoing sports, arts and culture minister has appeared in court after being arrested over bribery allegations as his African National Congress (ANC) party meets for coalition…

Ohtani’s former interpreter Mizuhara pleads guilty in sport betting case | Baseball News

Ohtani’s former interpreter Mizuhara pleads guilty in sport betting case | Baseball News

Mizuhara pleaded guilty to stealing nearly $17m from the Los Angeles Dodgers player to pay off illegal gambling debts. Shohei Ohtani’s former interpreter, Ippei Mizuhara, has pleaded guilty to stealing nearly $17m from the Japanese baseball player to pay off illegal gambling debts. The former interpreter for the Los Angeles…

Vietnam’s security chief To Lam becomes new president | Politics News

Vietnam’s security chief To Lam becomes new president | Politics News

Lam’s appointment comes after a major anticorruption drive that analysts say he has weaponised for his benefit. Vietnam’s rubber-stamp parliament has approved public security minister To Lam as the country’s new president after a major anticorruption campaign forced his predecessor to resign. In line with the one-party state’s usual procedures,…