Review: ‘The Billionaire Raj’ Offers Reasons for Optimism in India’s Gilded Age

Review: ‘The Billionaire Raj’ Offers Reasons for Optimism in India’s Gilded Age

Get the DealBook newsletter to make sense of main enterprise and coverage headlines — and the power-brokers who form them.__________ For near a century main as much as its independence in 1947, India operated beneath a system of British governance often called the Raj, taken from a Sanskrit phrase that means “kingdom” or “rule.” Then, […]

Jacob Zuma’s Son Facing Charges in Bribery Scandal

Jacob Zuma’s Son Facing Charges in Bribery Scandal

CAPE TOWN, South Africa — For years he appeared untouchable, protected by his household and enterprise companions in opposition to allegations of extreme graft. But now Duduzane Zuma, son of the previous South African president Jacob Zuma, is being charged for his alleged function in a high-level bribery scandal — additional proof, analysts say, that […]

Judge Orders Brazil to Release Ex-President Lula, Setting Off Legal Uproar

Judge Orders Brazil to Release Ex-President Lula, Setting Off Legal Uproar

RIO DE JANEIRO — A choose in Brazil dominated on Sunday that former President Luiz Inácio Lula da Silva be launched from jail whereas he continues to appeal a corruption conviction, an sudden choice that touched off a right away authorized and political uproar. The order was the most recent twist within the tumultuous lead-up […]

In Corruption Retrial, Dean Skelos Takes Stand in Own Defense

In Corruption Retrial, Dean Skelos Takes Stand in Own Defense

Indeed, a lot of Mr. Skelos’s roughly 90 minutes of testimony centered round how he had been introduced up and the way he had introduced up his son. Defense attorneys, talking to the decide earlier than the jury was introduced in, made their goal clear: They stated Mr. Skelos’s private historical past, his son’s troubled […]

Nawaz Sharif, Ex-Pakistani Leader, Is Sentenced to Prison for Corruption

Nawaz Sharif, Ex-Pakistani Leader, Is Sentenced to Prison for Corruption

LAHORE, Pakistan — Former Prime Minister Nawaz Sharif was convicted and sentenced to jail in absentia by a Pakistani anticorruption court docket on Friday, in a verdict that’s prone to additional disrupt an already chaotic marketing campaign for nationwide elections this month. The sentence, 10 years in jail and a fantastic of eight million kilos, […]

Romania Weakens Abuse-of-Office Laws in Just 3 Days

Romania Weakens Abuse-of-Office Laws in Just three Days

Mr. Dragnea was found guilty on June 21 of abuse of office, after intervening to maintain two of his celebration’s workers, who carried out no state work, on the general public payroll from 2006 to 2013, when he was a neighborhood council chief. The courtroom sentenced Mr. Dragnea to 3 years and 6 months in […]

Prosecutor Who Oversaw Michael Cohen Inquiry Leaves Government

Prosecutor Who Oversaw Michael Cohen Inquiry Leaves Government

The federal prosecutor who supervised the investigation of Michael D. Cohen, President Trump’s longtime private lawyer, has left the federal government and will probably be becoming a member of the regulation agency Davis Polk & Wardwell, the agency stated. The former prosecutor, Tatiana R. Martins, 41, ran the general public corruption unit within the United […]

Glencore’s Shares Drop After Justice Department Subpoena

Glencore’s Shares Drop After Justice Department Subpoena

But the corporate has taken criticism for its former relationship with Dan Gertler, an Israeli businessman who runs mining companies in Congo and who has shut ties to Joseph Kabila, the nation’s president. The Treasury Department imposed sanctions on Mr. Gertler in December, elevating questions in regards to the underpricing of mining property that had […]

Najib Razak, Malaysia’s Ex-Prime Minister, Is Arrested Amid Corruption Inquiry

Najib Razak, Malaysia’s Ex-Prime Minister, Is Arrested Amid Corruption Inquiry

BANGKOK — Najib Razak, the previous prime minister of Malaysia who was ousted in an election two months in the past, was arrested by anticorruption officers on Tuesday, amid an investigation involving billions of diverted from a state funding fund. Atop a political machine that had ruled Malaysia since its independence in 1957, Mr. Najib […]

Mexico Delivers Another Defeat to the Status Quo in Latin America

Mexico Delivers Another Defeat to the Status Quo in Latin America

MEXICO CITY — Mexico’s presidential election, which has introduced the social gathering that ruled the nation for greater than 70 years to the purpose of wreck, was the most recent in a string of blistering defeats for incumbent events throughout Latin America. Recent elections within the area have delivered decisive losses to governing events of […]