A global web of influence, political power, and controversy surrounds billionaire philanthropist George Soros as his financial backing of Democratic leaders and progressive causes gains fresh scrutiny.

Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy and government.

US bribery charges against Indian billionaire Gautam Adani have ensnared one of Canada’s largest public pension managers, deepening its embarrassment over a renewable-energy investment that went sour.

Indian billionaire Gautam Adani has been charged with fraud in the US. He is accused of orchestrating a $250m bribery scheme to secure contracts for his renewable energy company, according to a report by the BBC.

Gohil, a Rajya Sabha MP, also demanded a CBI investigation under the monitoring of a sitting Supreme Court judge into the allegations.

According to prosecutors, the Adani group orchestrated a yearslong scheme involving the payment of $250 million in bribes to Indian government officials to secure favourable terms

Jagan Mohan-led YSRCP said that its government had no direct agreement with Adani Group and that the power sale pact signed in 2021 was between SECI and AP Discoms.

President William Ruto in a state of the nation address said the decision was made “based on new information provided by our investigative agencies and partner nations.” He didnt specify the United States.