Gautam Adani, founder of the Adani Group, faces bribery allegations involving payments to Indian officials to secure energy project contracts. The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are investigating potential violations of the Foreign Corrupt Practices Act (FCPA). The allegations include over $250 million in bribes and misleading U.S. […]
THE US PRESINTIAL ELECTION WINNER REQUIRED VOTES
In U.S. presidential elections, a candidate needs a minimum of 270 electoral votes out of 538 to win. Each state’s electoral votes are awarded based on its number of representatives and senators, and most states use a winner-takes-all system. Reaching or surpassing the 270 threshold is required to secure the presidency. In U.S. presidential […]
Former NSSF manager Francis Moturi jailed for 14 years over Ksh.1.2B fraud
Former National Social Security Fund (NSSF) manager Francis Moturi has been sentenced to 14 years in prison or a fine of Ksh.2.6 billion for defrauding the pension fund of Ksh.1.2 billion over a decade ago. High Court Judge Nixon Sifuna upheld the 2022 fine and jail term, determining that Moturi’s actions caused significant financial losses […]
A club-by-club breakdown of the 2023/24 Premier League Monetary prize
Here’s a comprehensive overview of the 2023-24 Premier League prize money breakdown for each club, showcasing their respective earnings: Manchester City clinched their fourth consecutive Premier League title, securing the highest prize money among all clubs in the league. The Premier League, renowned for its financial prowess, ensures substantial earnings for clubs across the board […]