Notorious Conor McGregor’s return to UFC did not go as planned as the “Notorious” tapped out to the Russian Khabib Nurmagomedov. Khabib extended his winning streak in UFC to 27-0 with the win over the Irish fighter.
The match went on for four rounds in which Khabib completely dominated over his opponent and retained his Lightweight Championship title. But the victory was soured after Khabib climbed out of the Octagon to attack members of the crowd. The melee prompted Dana White to escort both the superstars out of the arena separately with police guards.
courtesy : indianexpress.com
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New Delhi: Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.
Gautam Adani, founder chairman of the ports-to-energy conglomerate, Sagar Adani and another key executive, Vneet Jaain, have been charged by the US Department of Justice with being part of an alleged scheme to pay USD 265 million in bribes to Indian officials to win contracts for supply of solar electricity that would yield USD 2 billion profit over a 20-year period.
In a stock exchange filing, Adani Green Energy Ltd, which is at the centre of the bribery allegations, said reports claiming that the three have been charged with FCPA violations "are incorrect".
They have been charged with offences that are punishable with a monetary fine or penalty.
"Gautam Adani, Sagar Adani and Vneet Jaain have not been charged with any violation of the FCPA in the counts set forth in the indictment of the US DOJ or civil complaint of the US SEC.
"These directors have been charged on three counts in the criminal indictment, namely (i) alleged securities fraud conspiracy, (ii) alleged wire fraud conspiracy, and (iii) alleged securities fraud," the filing said.
The Adani Group has denied all allegations and said it will take all possible legal recourse to defend itself.
A criminal indictment has been filed before the United States District Court Eastern District of New York by the Department of Justice in the case of USA against Gautam Adani, Sagar Adani and Vneet Jaain.
"The indictment does not specify any quantum of any fine/penalty," the company said.
The civil complaint alleges that the executives violated certain sections of the Securities Act of 1933 and the Securities Act of 1934, and aided and abetted Adani Green Energy Limited's violation of the Acts, it said.
"Although the complaint prays for an order directing the defendants to pay civil monetary penalties, it does not quantify the amount of penalty," it said.