INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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TRUMP HUSH MONEY CASE- INCLUDING SENTENCING, PAUSED AFTER PRESIDENTIAL WIN. (PHOTO).

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Trump Hush Money Case—Including Sentencing—Paused After Presidential Win


Judge Juan Merchan paused proceedings in President-elect Donald Trump’s New York criminal case Tuesday, pushing back an anticipated ruling on whether his conviction can move forward, as well as his sentencing, in light of his presidential win.

Merchan paused deadlines in the case in response to a request from both prosecutors and Trump’s lawyers.


His ruling came on the day the judge was scheduled to issue a ruling on whether the guilty verdict against Trump should be thrown out, as Trump asked for the conviction to be dismissed based on the Supreme Court’s ruling giving him some immunity from criminal charges for official acts in office.


Trump was found guilty on 34 counts of falsifying business records based on hush money payments made before the 2016 election, and while his charges largely concerned activities from before he took office, Trump’s lawyers claim some evidence is covered by the Supreme Court’s immunity ruling and should not have been used at trial.


It’s been unclear how the case would move forward in light of Trump’s election, as legal experts suggested to Politico his win made it likely Merchan would delay or cancel Trump’s scheduled sentencing on Nov. 26.

Merchan asked the Manhattan district attorney’s office, which brought the charges, to file their “view of appropriate steps going forward” by Nov. 19, after prosecutors asked for more time “to assess these recent developments” following the election results.

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