The International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and a Hamas military leader, accusing them of war crimes and crimes against humanity. The announcement came as health officials in the Gaza Strip said the death toll from the 13-month-old war between Israel and Hamas has surpassed 44,000. The warrant marked the first time that a sitting leader of a major Western ally has been accused of war crimes and crimes against humanity by a global court of justice. The ICC panel said there were reasonable grounds to believe that both Netanyahu and his ex-defense minister bear responsibility for the war crime of starvation and the crimes against humanity of murder, persecution and other inhumane acts. Israel’s war has caused heavy destruction across Gaza, decimated parts of the territory and driven almost the entire population of 2.3 million people from their homes, leaving most dependent on aid to survive. Israel launched its war in Gaza after Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, and abducting another 250 . Around 100 hostages are still inside Gaza, at least a third of whom are believed to be dead. Here’s the Latest: UNITED NATIONS -- The U.N. humanitarian chief for Gaza is warning that the delivery of critical food, water, fuel and medical supplies is grinding to a halt throughout the territory and “the survival of two million people hangs in the balance.” Muhannad Hadi said in a statement Thursday that Israeli authorities have been banning commercial imports for more than six weeks and at the same time thefts from humanitarian convoys by armed individuals have surged. “In 2024, U.N. trucks have been looted 75 times –- including 15 such attacks since Nov. 4 alone –- and armed people have broken into U.N. facilities on 34 occasions,” he said. Last week, one driver was shot in the head and hospitalized along with another truck driver, Hadi said. And on Saturday 98 trucks were looted in a single attack which saw the vehicles damaged or stolen. The Gaza humanitarian coordinator said bakeries are closing because of lack of flour or fuel to operate generators. “Palestinian civilians are struggling to survive under unlivable conditions, amid relentless hostilities,” Hadi said. He demanded the immediate improvement of security and conditions throughout Gaza to allow the safe and unimpeded delivery of humanitarian aid “through lawful means.” Israel says it puts no limit on the supplies permitted into Gaza, and it blames the U.N. distribution system. But Israel’s official figures show the amount of aid it has let in has plunged since the beginning of October. The U.N has blamed Israeli military restrictions, along with widespread lawlessness that has led to theft of aid shipments. WASHINGTON — The White House fundamentally rejects the International Criminal Court’s decision to issue arrest warrants for senior Israeli officials, press secretary Karine Jean-Pierre said Thursday. She said the Biden administration was “deeply concerned by the prosecutor’s rush to seek arrest warrants and the troubling process errors that led to this decision.” The Biden administration has increased its warnings and appeals to Israeli Prime Minister Benjamin Netanyahu to do more to spare civilians in airstrikes and other attacks, and to allow more aid to reach Gaza. However, a 30-day Biden administration deadline came and went earlier this month for Israel to meet specific U.S. targets to improve its treatment of Palestinian civilians in Gaza trapped in the war. U.S. demands included that Israel lift a near-total ban on delivery of aid to hard-hit north Gaza for starving civilians there. KHAN YOUNIS, Gaza Strip — The three children were playing outside a cluster of tents housing displaced people in the Gaza Strip when an Israeli airstrike killed them, along with six other people. It’s become a grim, near-daily ritual more than 13 months into the Israel-Hamas war, which local health authorities said Thursday has killed over 44,000 Palestinians. Israel carries out frequent strikes against what it says are militants hiding in civilian areas, and women and children are nearly always among the dead. Wednesday’s strike killed Hamza al-Qadi, 7, his brother Abdulaziz, 5, and their sister Laila, 4, in a tent camp in the southern city of Khan Younis. Areej al-Qadi, their mother, says they were playing outside when they were killed. “All that’s left of them are their notebooks, their books and a blood-stained jacket,” she said as she broke into tears. “They were children who did nothing.” The Israeli military did not respond to a request for comment on the strike. Gaza’s Health Ministry said Thursday that 44,056 Palestinians have been killed and 104,268 wounded since the start of the war, which was ignited by Hamas’ Oct. 7 attack into Israel. Palestinian militants killed some 1,200 people that day, mostly civilians, and abducted around 250 people. The Health Ministry does not say how many of those killed in Gaza were fighters but says women and children make up more than half the fatalities. Israel, which rarely comments on individual strikes, says it has killed over 17,000 militants, without providing evidence. Hours after the ministry announced the latest toll, the International Criminal Court issued arrest warrants against Israeli Prime Minister Benjamin Netanyahu, his former defense minister and a Hamas military leader. Mahmoud bin Hassan, the children’s father, said he buried them on Thursday. He asked when the international community would take action to stop the war. “When the entire Palestinian population has been killed?” he said. NEW YORK — Human Rights Watch applauded the International Criminal Court's arrest warrants issued Thursday against both Israeli and Hamas officials. The warrants “break through the perception that certain individuals are beyond the reach of the law,” the associate international justice director at Human Rights Watch, Balkees Jarrah, said in a statement. The New York-based rights group earlier this month released a report saying Israel has committed war crimes and crimes against humanity in the Gaza Strip, including massive forced displacements that amount to ethnic cleansing. JERUSALEM — Israeli prosecutors have charged a former aide to Prime Minister Benjamin Netanyahu with leaking classified documents to international media, apparently to protect the Israeli leader from criticism as a hostage deal was collapsing. Eli Feldstein, a former media adviser to Netanyahu, was charged Thursday with leaking classified information with the intent of harming state security and obstruction of justice. The leaked documents are said to have formed the basis of a widely discredited article in the London-based Jewish Chronicle — which was later withdrawn — suggesting Hamas planned to spirit hostages out of Gaza through Egypt, and an article in Germany’s Bild newspaper that said Hamas was drawing out the hostage talks as a form of psychological warfare on Israel. Critics say the leaks were aimed at giving Netanyahu political cover as the case-fire talks ground to a halt. Some have accused Netanyahu of resisting a deal in to preserve his governing coalition, which includes hard-line members who have threatened to bring down the government if he makes concessions to Hamas. The leaks came at a time of public uproar over the deaths of six hostages who were killed by their Hamas captors as Israeli soldiers were closing in. The indictment said the leaks were meant “to create media influence on the public discourse in Israel in regards to the handling of the hostage situation, after the news of the murder of six hostages.” The indictment identified two other Netanyahu aides as being connected to the scheme, but only Feldstein and an unidentified reservist in Israeli military intelligence were charged. Netanyahu, who denies the accusations, has not been identified as a suspect in the burgeoning investigation. Israeli media say if convicted, Feldstein could potentially face life in prison. JERUSALEM -- The Israeli military has launched an investigation into the death of a 70-year-old Israeli man who entered Lebanon with Israeli forces and was killed in a Hezbollah ambush. Investigators are trying to determine, among other things, who allowed Zeev Erlich into the combat zone with the forces and why he was permitted to enter. According to Israeli media reports, Erlich was not on active duty when he was shot, but was wearing a military uniform and had a weapon. The army said he was a reservist with the rank of major and identified him as a “fallen soldier” when it announced his death. Erlich was a well-known West Bank settler and researcher of Jewish history. Media reports said Erlich was permitted to enter Lebanon to explore a local archaeological site. The army said a 20-year-old soldier was killed in the same incident, while an officer was badly wounded. The army announced Thursday that the chief of staff, Lt. Gen. Herzi Halevi, has appointed a team of experts “to examine and strengthen operational discipline and military culture” following the incident. It said its commander for northern Israel, Maj. Gen. Ori Gordin, would launch a separate “command inquiry,” while Israeli military police conduct a separate probe. Such investigations can lead to criminal charges. BEIRUT — At least 29 people were killed Thursday in Israeli strikes on different towns and villages across Lebanon, according to Lebanon’s Health Ministry and state-run media. In eastern Lebanon, Israeli airstrikes killed 26 people in six different towns in Baalbek province, the health ministry and the National News Agency said. In Tyre province, southern Lebanon, three people were killed in an Israeli strike, the health ministry said. The health ministry Wednesday said that over 3,550 people have been killed in the 13-month war between Hezbollah and Israel, the majority following Israel’s escalation in late September. The European Union's foreign policy chief has underlined that the arrest warrants issued by the International Criminal Court against Israeli Prime Minister Benjamin Netanyahu and Hamas officials are a legal and not political matter, and that they are binding on all 27 EU member countries and other signatories to the ICC to implement. “The tragedy in Gaza has to stop," Josep Borrell told reporters during a visit to Jordan. “It is not a political decision. It is the decision of an international court of justice, and the decision of the court has to be respected, and implemented.” “This decision is a binding decision on all state parties of the court, which include all members of the European Union," he added. ANKARA — Turkish President Recep Tayyip Erdogan’s ruling partyhas welcomed the decision by the International Criminal Court to issue arrest warrants against Israeli Prime Minister Benjamn Netanyahu and former Defense Minister Yoav Gallant, calling it a judgement made for the sake of “humanity.” Omer Celik, spokesman for the Erdogan’s party, said on the social media platform X that Netanyahu and Gallant would “eventually be held accountable for genocide.” Celik also criticised Israeli officials who described the ICC decision as antisemitic. Turkey is among the most vocal critics of Israel’s military actions in Gaza and has submitted a formal request to join a genocide case that South Africa has filed against Israel at the U.N.’s International Court of Justice. Dutch foreign minister Caspar Veldkamp, whose country hosts the International Criminal Court, has confirmed The Netherlands would arrest Israeli Prime Minister Benjamin Netanyahu if he arrived on Dutch soil. “The line from the government is clear. We are obliged to cooperate with the ICC ... we abide 100% by the Rome Statute,” he said in response to a question in parliament Thursday. Other European officials were more cautious. In France, a spokesman for the Foreign Ministry said he supported the International Criminal Court's prosecutor but declined to comment when asked more specifically if France would arrest Netanyahu if he were to step on French soil. “Today, combating impunity is our priority. We ratified the ICC Statute in 2000 and have consistently supported the court’s actions. Our response will align with these principles,” Christophe Lemoine told reporters at a press conference. Lemoine added that the warrants were “a complex legal issue ... It’s a situation that requires a lot of legal precautions.” In Italy, the foreign and justice ministries didn’t immediately respond to emails seeking comment about whether Italy, an ICC member which hosted the Rome conference that gave birth to the court, would honor the arrest warrant. Premier Giorgia Meloni hosted Prime Minister Benjamin Netanyahu in March 2023 and has strongly supported Israel since Oct. 7, while providing humanitarian aid for Palestinians in Gaza. JERUSALEM — Israel’s mostly ceremonial president, Isaac Herzog, has called the International Criminal Court's arrest warrants against Prime Minister Benjamin Netanyahu “a dark day for justice. A dark day for humanity.” In a post on X, he said the international court “has chosen the side of terror and evil over democracy and freedom, and turned the very system of justice into a human shield for Hamas’ crimes against humanity." Israel Katz, Israel’s new defense minister, said the decision was “a moral disgrace, entirely tainted by antisemitism, and drags the international judicial system to an unprecedented low.” He said it “serves Iran, the head of the snake, and its proxies.” Benny Gantz, a retired general and political rival to Netanyahu, also condemned the decision, saying it showed “moral blindness” and was a “shameful stain of historic proportion that will never be forgotten.” Hamas has welcomed the decision by the International Criminal Court to issue warrants against Israeli President Benjamin Netanyahu and his former defense minister Yoav Gallant, calling it an “important and historic precedent” after what it said was decades of injustice at the hands of a “fascist occupation.” The statement did not refer to the warrants issued for the militant group’s own leaders. Hamas called on all nations to “cooperate with the court in bringing the Zionist war criminals, Netanyahu and Gallant, to justice, and to work immediately to stop the crimes of genocide against innocent civilians in the Gaza Strip.” DEIR AL-BALAH, The Gaza Strip — Bakeries have reopened in the central Gaza Strip after being closed for several days because of flour shortages. The shortages appear to have been linked to the looting of nearly 100 truckloads of aid by armed men in southern Gaza last weekend. Associated Press footage showed a crowd of hundreds pushing and shouting outside a bakery in the central city of Deir al-Balah on Thursday. The day before the reopening, the price of a bag of 15 loaves of pita bread had climbed above $13. “In my house, there is not a morsel of bread, and the children are hungry,” said Sultan Abu Sultan, who was displaced from northern Gaza during the war. The amount of aid entering Gaza plunged in October as Israel launched a major offensive in the isolated north, where experts say famine may be underway . Hunger is widespread across the territory, even in central Gaza where aid groups have more access. Humanitarian organizations say Israeli restrictions, ongoing fighting and the breakdown of law and order make it difficult to deliver assistance. Israel’s offensive, launched after Hamas’ October 2023 attack, has displaced around 90% of Gaza’s population of 2.3 million people. Hundreds of thousands are crammed into tent camps with little in the way of public services and are reliant on international food aid. NICOSIA — The president of Cyprus says the European Union must play a bigger role in the Middle East as it can no longer stand by as an observer. President Nikos Christodoulides said the 27-member bloc needs to establish closer ties with countries that bolster regional stability like Egypt, Jordan and the Gulf states. “The conflict in the Middle East is taking place on the EU’s doorstep, in an area of vital interest to the bloc’s interests, where any escalation or regional spillover will have significant consequences on its security and stability,” Christodoulides told an Economist conference in the Cypriot capital. Christodoulides said EU member Cyprus for years has tried to get this message across to Brussels. The island nation earlier this year was the staging ground for a maritime corridor delivering some 20,000 tons of humanitarian aid to Gaza. The EU is wracked by members’ divisions over how peace should come about in the Middle East THE HAGUE — The International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas officials, accusing them of war crimes and crimes against humanity over the war in Gaza and the October 2023 attacks that triggered Israel’s offensive in the Palestinian territory. The decision turns Netanyahu and the others into internationally wanted suspects and is likely to further isolate them and complicate efforts to negotiate a cease-fire to end the 13-month conflict. But its practical implications could be limited since Israel and its major ally, the United States, are not members of the court and several of the Hamas officials have been subsequently killed in the conflict. Netanyahu and other Israeli leaders have previously condemned ICC Chief Prosecutor Karim Khan’s request for the warrants as disgraceful and antisemitic. U.S. President Joe Biden also blasted the prosecutor and expressed support for Israel’s right to defend itself against Hamas. Hamas also slammed the request. The death toll in the Gaza Strip from the 13-month-old war between Israel and Hamas has surpassed 44,000, local health officials said Thursday. The Gaza Health Ministry does not distinguish between civilians and combatants in its count, but it has said that more than half of the fatalities are women and children. The Israeli military says it has killed over 17,000 militants, without providing evidence. The Health Ministry said 44,056 people have been killed and 104,268 wounded since the start of the war. It has said the real toll is higher because thousands of bodies are buried under rubble or in areas that medics cannot access. The war began when Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, and abducting another 250 . Around 100 hostages are still inside Gaza, at least a third of whom are believed to be dead. Most of the rest were released during a cease-fire last year. Around 90% of Gaza's population of 2.3 million people have been displaced, often multiple times, and hundreds of thousands are living in squalid tent camps with little food, water or basic services. Israel says it tries to avoid harming civilians and blames their deaths on Hamas because the militants operate in residential areas, where they have built tunnels, rocket launchers and other military infrastructure. JERUSALEM — A rocket fired from Lebanon killed a man and wounded two others in northern Israel on Thursday, according to the Magen David Adom rescue service. The service said paramedics found the body of the man in his 30s near a playground in the town of Nahariya, near the border with Lebanon, after a rocket attack on Thursday. Israel meanwhile struck targets in southern Lebanon and several buildings south of Beirut, the Lebanese capital, after warning people to evacuate.Smokers who quit for a week could save a day of their life, experts say
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borealisgallery Elevator Thesis Take-Two Interactive Software is gearing up for what’s sure to be a massive year for its business. Its crown jewel in the Grand Theft Auto ("GTA") series is set to launch what promises to be the biggest Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Stock futures were flat in overnight trading Sunday evening ahead of the last few trading sessions of 2024. Futures tied to the Dow Jones Industrial Average were flat, while S&P 500 futures edged up 0.04%. Nasdaq-100 futures rose 0.1%. The major averages are heading into the yearend shy of record levels, with the S&P 500 and Dow up more than 25% and 14%, respectively, and on track for the best year since 2021. The Nasdaq has gained more than 31%. The benchmarks are also headed for a winning fourth quarter, with the Nasdaq on pace for its longest quarterly winning streaking since the second quarter of 2021. Despite a losing session for all the major averages on Friday, investors are hoping that stocks will continue to rise into the year-end and the new year, and trigger what's known as a Santa Claus Rally. The phenomenon refers to the market rising into the final five trading days of a calendar year and the first two in January. The S&P 500 has returned 1.3% on average during this period since 1950, according to LPL Financial. This week ushers in a light period for economic data, with the market closed Wednesday in observance of New Years Day. Chicago PMI and pending homes sales data are due out Monday.Western Michigan beats Eastern Michigan 26-18 to become bowl eligible
Field Hockey: Ashley Sessa has two assists as Northwestern routs St. Joe’s for NCAA titleThey know how to boo at Goodison Park. When they want to, they do it properly. With real gusto and genuine anger. Not this time, though. At the final whistle of Everton ’s 2-0 defeat to Nottingham Forest , they booed, sure. But it felt like their heart wasn’t in it. Unhappy, but not furious. Maybe it’s because the grimness had been drawn out, a slow and flat sigh of a performance, in which their first effort on target came in the 81st minute. There were a lot of empty seats by the time the final whistle blew, but it’s hard to pinpoint the moment when everyone gave up. Maybe it was when James Tarkowski wearily moved into the optimal position to aimlessly hoof the ball forward for what felt like the billionth time. Advertisement The problem is there’s not much to get enthused about either way. Everton are in 16th place, having won only three times all season. Only Southampton have scored fewer goals than them. There have been 11 0-0 draws in the Premier League so far this season: Everton have played in five of them. That, clearly, is bad, but it’s not so bad that their fans can even feel pure despair. They’re (probably) competent enough to avoid relegation. There’s the promise of results like the previous three games, creditable draws against Arsenal , Chelsea and Manchester City . And losing to Forest, the team that finished the afternoon in second place, is not cause for excessive woe. But ennui hangs over Goodison. After starting the season with four defeats, in the 14 games since they’ve won three, lost three and drawn the rest with a goal difference of zero. Even their most unambiguous recent success, a 4-0 home win against Wolves , came immediately after a 4-0 away defeat to Manchester United , two results that neatly cancel each other out. On the pH scale, Everton would be neutral; a team in an extreme state of ‘just existing’; not definitively bad, having not been beaten by Arsenal, Chelsea and Manchester City in consecutive games, but not, overall, good. All of which leads us back to Sean Dyche. It’s impossible not to feel some sympathy for him. Here is a manager who is objectively good at what he does, who has a particular style and was hired two years ago to bring some sort of order to a club that is frequently a stranger to that sort of stability. He kept Everton up in his first season, after arriving with them second bottom of the table, and he kept them up in his second season, comfortably, despite having eight points deducted for PSR breaches. The football was not attractive, but a) you don’t expect much else from a Dyche team, and b) given the circumstances, that didn’t really matter. Everton needed solidity, predictability, survival. They needed Dyche, but the question now is whether they still do. Advertisement Dyche is now floating in a sort of limbo state between a variety of factors, including but not limited to: what was expected of him when he arrived two years ago, his own objectives, his expiring contract (it’s up in the summer), fan expectations, a need to fix a defence which let in 13 goals in their first four league games balanced with a relatively limited group of players, in attack at least. GO DEEPER Goodison Park is teetering and tetchy - pressure is building on Dyche And, most importantly of all, there are Everton’s new owners . While the takeover was going through, Dyche’s position was always going to be secure, but now the Friedkin Group is in place, the inevitable assumption is that a change will be made. After the game, Dyche was asked if he felt optimistic, about things on and off the pitch. “I’m always an optimist,” he told the media. “You have to be here. The new owners are speaking about stability, and time — they’re aware it’s a challenging situation to build and to grow.” But if the new owners were watching this game, they wouldn’t have seen anything to persuade them to keep Dyche beyond the end of the season. It was bleak football, ponderous and meek, with none of the defensive solidity that has seen them keep five clean sheets in their previous seven games. This wasn’t typical of Everton. The low point was the second goal, with at least three defenders leaving a short pass to each other to deal with, meaning Forest didn’t even have to pounce on the error, just casually collect the loose ball for Morgan Gibbs-White to score. Say what you will about Dyche’s teams, but they’re rarely that passive. But there are other problems beyond just this performance. Dyche dropped Dominic Calvert-Lewin Forest in favour of Armando Broja , which was hardly a surprise: Calvert-Lewin has scored just two goals all season and no other forward in the Premier League has underperformed their expected goals as drastically as him. Broja was lively and created chances, but was never actively threatening, and it’s hard to blame him. He was badly isolated, which in a 4-5-1 system where the most advanced midfielder is Abdoulaye Doucoure , isn’t a surprise. There was a sense that, with the team set up like this, you could play who you liked up top — Broja, Calvert-Lewin, Erling Haaland , prime-era Ronaldo — and the result would be the same. Advertisement Dyche might argue that he has achieved enough doing one job — keeping Everton’s collective head above the surface while the ship was taking on water — to earn a shot at another, to take them beyond mere survival when the circumstances are different. He might argue that it would be unfair not to even give him a chance. So it all comes down to what the new owners want. Will they trust Dyche enough to change his ways and aim for something more? Will they look at the cautionary tale of West Ham , who ditched the sure thing of David Moyes in the hope of a more exciting future that hasn’t arrived? Or will they feel that the only way to lift the ennui is to bring in someone new? Whatever happens, you just hope the future is just a little more exciting for the fans who could barely bring themselves to boo on Sunday. GO DEEPER Everton Transfer DealSheet: What to expect in the January window (Top photo: Sean Dyche during the loss to Forest; by Robbie Jay Barratt/AMA via Getty Images)
Scams unwrapped: Kaspersky’s cybersecurity experts warn of evolving holiday scamsThrivent Financial for Lutherans Has $1.75 Million Stock Holdings in First Interstate BancSystem, Inc. (NASDAQ:FIBK)US prosecutors have indicted billionaire Gautam Adani and his nephew, Sagar Adani , among others, for their alleged role in a $265 million (Rs 2,000 crore) bribery case to secure solar power supply contracts in India, plunging the edible oil-to-ports giant into a second major controversy in 22 months, after the allegations by short-seller Hindenburg Research. Arrest warrants have been issued in the US for Gautam and Sagar Adani and US prosecutors plan to hand those warrants to foreign law enforcement, according to court records, Reuters reported. Early Wednesday, the US Department of Justice (DoJ) charged the two Adanis, former Adani Green CEO Vneet Jaain and former executives of Azure Power and Canadian pension fund CDPQ for alleged bribery to secure power purchase contracts from five states - Andhra Pradesh, Odisha, Chhattisgarh, Tamil Nadu and J&K - between 2020 and 2024. They have also been charged under the stringent Foreign Corruption Prevention Act (FCPA) as Adani had raised money through bonds from US investors and Azure Power was earlier listed on NYSE. Separately, the US Securities Exchange Commission (SEC) charged Gautam and Sagar Adani and Cyril Cabanes, a former director on the Azure board, with FCPA violations. It also accused them of raising money from US investors on "false and misleading statements" that they were not involved in bribery. "The opposite was true. Defendants (Gautam and Sagar Adani) had been personally and intimately involved in paying or promising bribes worth hundreds of millions of dollars to secure undue influence with Indian state govt officials and procure contracts between Indian state govts and SECI that benefitted Adani Green," SEC said in a complaint to the court, demanding jury trial. DoJ's charges are criminal; SEC's are civil. The indictment filed in US District Court, Eastern District of New York, says most of the bribe - Rs 1,750 crore - was allegedly paid for contracts in Andhra. In a separate complaint, SEC said the money was paid after Gautam Adani met the then chief minister in Aug 2021. (Jagan Mohan Reddy was CM at the time). At or in connection with that meeting, Gautam Adani paid or promised a bribe to AP govt officials to cause the relevant AP govt entities to enter into power supply agreements with SECI for the purchase of 7,000 MW of power capacity," SEC said, adding that within weeks, the state cabinet cleared the proposal. "In other words, the bribes paid or promised worked," the regulator said. While making clear that the charges in the indictment are allegations, and the defendants are presumed innocent until proved guilty, US attorney's office of eastern district of New York levelled charges on five counts 1) alleged conspiracy to violate FCPA by offering or paying bribes; 2) alleged securities fraud conspiracy for making false or misleading statements while raising money; wire fraud conspiracy while raising a syndicate loan of $1.4 billion in 2021; 4) alleged securities fraud during a 2021 bond issue and 5) conspiracy to obstruct justice by destroying and concealing records. The bribery case relates to contracts initiated in 2020 where Adani Green Energy (8 gigawatts) and Azure Power (4 giga watts) bagged PLI-linked projects to supply solar power to GoI-owned Solar Energy Corporation of India (SECI), in what was billed as one of the largest such projects at that time. But with SECI unable to find buyers for expensive power, the two companies allegedly devised a plan to sweeten the deal for state power distribution companies in exchange for bribes. According to court documents, Gautam and Sagar Adani along with Jaain were themselves part of the alleged bribery scheme. The documents also alleged that Adani sought to recover alleged payments of over Rs 600 crore made on behalf of Azure Power, for which the Azure management sought to devise multiple schemes. Subsequently, they decided to surrender 2.3 GW capacity with the understanding that Adanis would get it - something that eventually happened. Ready to Master Stock Valuation? ET's Workshop is just around the corner!
Ed Sheeran Gatecrashes Interview Of Ruben Amorim Amid United- Ipswich Town StalemateC.Williams 3-5 0-0 6, Fields 2-6 0-0 5, Ja.Lane 5-14 1-2 14, Ortiz 1-9 2-2 5, Soucie 6-12 0-0 13, Jefferson 3-7 1-2 9, Bacchus 2-5 2-3 6, de Kovachich 0-1 0-2 0, Jenrette 0-0 0-0 0. Totals 22-59 6-11 58. Colonel 6-6 0-2 12, Patterson 1-3 0-0 2, W.Williams 2-6 0-0 4, Jumawan 4-7 2-2 12, Sanders 3-15 2-2 9, Mubiru 5-6 2-2 13, Bettis 3-8 2-2 10, J.Warren 3-3 0-0 7, Thomas 1-3 0-0 2, Laku 0-0 0-0 0. Totals 28-57 8-10 71. Halftime_North Alabama 29-28. 3-Point Goals_North Alabama 8-26 (Ja.Lane 3-6, Jefferson 2-4, Fields 1-2, Soucie 1-4, Ortiz 1-9, Bacchus 0-1), Northwestern St. 7-23 (Jumawan 2-4, Bettis 2-5, J.Warren 1-1, Mubiru 1-2, Sanders 1-8, Patterson 0-1, Thomas 0-2). Rebounds_North Alabama 28 (C.Williams 9), Northwestern St. 33 (W.Williams 7). Assists_North Alabama 8 (Fields 3), Northwestern St. 21 (Patterson, W.Williams 6). Total Fouls_North Alabama 13, Northwestern St. 10. A_228 (3,900).
Best man’s final words before tsunami killed Troy Broadbridge
Wooley and Cottle each score 32, Kennesaw State knocks off Brewton-Parker 112-77