Latest news with #USProsecutors
Wall Street Journal
02-06-2025
- Business
- Wall Street Journal
Indian Billionaire Gautam Adani Comes Under New Scrutiny from U.S. Prosecutors
Gautam Adani, Asia's second-richest man, is trying to get the Trump administration to drop foreign bribery charges against him. Instead, he is facing a new front in his fight with prosecutors: a probe into whether his companies are buying Iranian petrochemical products. U.S. prosecutors are investigating whether Adani's companies imported Iranian liquefied petroleum gas, or LPG, into India through the company's Mundra port. A Wall Street Journal investigation into tankers that regularly traveled between Mundra and the Persian Gulf found their behavior often exhibited traits seen by ships seeking to evade sanctions.
Bloomberg
29-05-2025
- Business
- Bloomberg
Goldman Letter Helps Sway Judge Who Sent Leissner to Prison
Former Goldman Sachs Group Inc. banker Tim Leissner didn't think he should go to prison for his role in the looting of the Malaysian investment fund 1MDB. Neither did US prosecutors, who praised his cooperation with their investigation. But US Judge Margo Brodie in Brooklyn, New York, paid more attention to what the bank had said in a letter to the court last week, which pushed back on the calls for leniency for Leissner. She sentenced the former banker to two years in prison Thursday, saying that without Leissner, the massive fraud may never have happened.
