Page 2 - Bribery

Karnataka court accepts closure report in bribery case against Siddaramaiah

A special court to try criminal cases against against elected representatives has accepted the closure report filed by the Karnataka Lokayukta police in a bribery case involving Chief Minister Siddaramaiah. The case was based on allegations made by a BJP leader, who accused Siddaramaiah of receiving Rs 1.3 crore during his previous tenure as CM in exchange for appointing a steward at the Bengaluru Turf Club (BTC). In its ruling on January 18, the court stated, The closure report filed by the Deputy Superintendent of Police, Karnataka Lokayukta, Bengaluru, dated 12.9.2024, is hereby accepted. The court further observed that while records indicated that Accused No.1 Mr. Siddaramaiah had received a sum of Rs 1,30,00,000 from Accused No.2 L Vivekananda, the same cannot be held to be an act of quid pro quo towards his nomination as Steward of BTC. Previously, the special court had instructed the Lokayukta police to reopen and investigate the case. However, following the inquiry, the ..

Kharge expresses concerns about 'eroding institutional integrity' of ECI

Even as we celebrate National Voter's Day, ceaseless erosion of the institutional integrity of the Election Commission of India, in last ten years, is a matter of grave national concern, Kharge said

Vietnam launches second trial over Covid-19 flight bribery scandal

The prosecutions are part of a sweeping anti-graft campaign that has touched the highest levels of government, leading to the resignation of two presidents

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Waqf issue: BJP seeks CBI inquiry into bribery charge against Vijayendra

The BJP on Monday demanded a CBI inquiry into the allegations made by Minister Priyank Kharge of Rs 150 crore "bribe" offer by party chief B Y Vijayendra to former Minority Commission chairperson Anwar Manippadi. As the Assembly proceedings started, the BJP members raised objections over Rural Development and Panchayat Raj Minister Kharge's accusation in the House last Thursday. Kharge had alleged that Vijayendra, who is also the Shikaripura BJL MLA, offered Rs 150 crore to Manippadi, a BJP member, not to raise the Waqf land issue. As Karnataka Minority Commission Chairperson during the previous BJP government in the state, Manippadi had submitted a detailed report on the encroachment of Waqf land in the state and the involvement of bigwigs in it. "The minister had made an allegation in the House in my absence, which was uncalled for. The same was repeated by Chief Minister Siddaramaiah. This was a baseless allegation," Vijayendra said. He challenged the chief minister to order a

66% businesses surveyed paid a bribe in the last 12 months: Report

Around 66 per cent of business firms surveyed across 159 districts admitted that they paid bribes in the last 12 months, a report by online platform LocalCricles said on Sunday. The survey, which received 18,000 responses, found that 54 per cent were forced to pay bribes while 46 per cent paid voluntarily to expedite the process. "As many businesses would vouch anonymously, bribes remain a way of life when wanting to get government departments to speed up the permit or compliance process, even getting duplicate copy of the authority license or anything to do with property matters. 66 per cent of businesses surveyed paid a bribe in the last 12 months," the report said. Only 16 per cent of businesses surveyed claimed that they always managed to get work done without paying a bribe and 19 per cent said they "did not have a need" to do so. "Of businesses that paid bribes in the last 12 months, 54 per cent were forced to do so, while 46 per cent paid it for timely processing. This kind

CBI arrests 2 income tax department employees in bribery case from Assam

As per the CBI release, the accused were arrested for demanding and accepting a bribe of Rs 4,000 from the complainant which is allegedly part of demanded bribe amount of Rs 10,000

'Corrupt Solar Project': Adani embroiled in US findings of bribery scheme

US prosecutors charged Gautam Adani, his nephew Sagar Adani who is director at Adani Green, and six others in running an alleged bribery scheme

Fitch puts some Adani bonds on negative watch after US SEC bribery charges

US prosecutors have charged billionaire Gautam Adani, the group's founder, his nephew Sagar Adani and six others for their alleged roles in a $265-million scheme

US SEC Adani allegations unlikely to significantly impact business: GQG

GQG Partners' exposure to Adani stands at $8.1 billion, constituting 5.2% of its total assets of $156.7 billion. GQG Partners holds stakes ranging from 1.5% to 2% in six Adani Group companies

Here's all you need to know about Adani's US SEC bribery indictment

The scandal has also raised concerns about market and public disclosure lapses by Adani Group

Adani bond prices hit one-yr low as investors weigh US bribery allegations

Ports bonds maturing in 2027 were down 1.6 cent to 88.98 cents on the dollar, having lost nearly 7 cents in face value

Adani Group to respond to US bribery allegations after legal review

Adani Group has denied any wrongdoing and said it would seek all possible legal recourse to defend itself

Here's how Gautam Adani's alleged bribery scheme took off and unraveled

The alleged hundreds of millions of dollars in bribes promised to local Indian officials caught the attention of US Justice Department and Securities and Exchange Commission

Here's what's next for Gautam Adani after US bribery and fraud charges

Adani is charged with foreign bribery, securities fraud, securities fraud conspiracy and wire fraud conspiracy

Gautam Adani charged by US in $265 million bribery case: Top things we know

Gautam Adani, his nephew Sagar, and Cyril Cabanes, a former board member of Azure Power, charged by the US SEC in a bribery and fraud scheme

Cyril Cabanes faces US SEC charges: Foreign Corrupt Practices Act explained

Cyril Cabanese is charged alongside Gautam Adani and Sagar Adani, in connection to a bribery scheme that misled US investors in a September 2021 bond offering that raised $175 million

'Baseless': Adani Group denies US SEC $265 million bribery allegations

The Adani Group has stated that it will seek all possible legal recourse to fight the bribery allegations against Adani Green Energy's top management

What does the SEC indictment of Adani mean, and is there an Indian equivalent?

Gautam and Sagar Adani are accused of misleading investors about Adani Green Energy Ltd's anti-corruption policies during a September 2021 bond offering, which raised $175 million from US investors

How SEC's Adani charges differ from Hindenburg's fraud allegations

The SEC charges Gautam Adani with bribery and fraud, while Hindenburg accused the Adani Group of stock manipulation and accounting fraud. Here's how the allegations differ