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Usindictment

All articles tagged with #usindictment

cybersecurity1 year ago

U.S. Sanctions Chinese Entities for Major Firewall Cyberattacks

The U.S. has charged Chinese national Guan Tianfeng for exploiting a zero-day vulnerability in Sophos firewalls, affecting 81,000 devices globally, including critical U.S. infrastructure. Guan, linked to Sichuan Silence Information Technology, allegedly used the CVE-2020-12271 flaw to execute remote code and steal data. The U.S. Treasury has sanctioned Guan and Sichuan Silence, a contractor for Chinese intelligence, while the State Department offers rewards for information on cyber threats to U.S. infrastructure.

politics1 year ago

India Responds to US Allegations in Adani Bribery Case

YSR Congress Party president and former Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy has denied allegations of accepting bribes from the Adani Group for solar power purchases, asserting that his name is not mentioned in the U.S. indictment related to the case. The indictment refers to "Foreign Official #1," an Indian official in Andhra Pradesh, who allegedly received bribes, but Jagan insists he had no direct dealings with Adani regarding these agreements. He challenges the baseless nature of the accusations and calls for clarity on the identity of "Foreign Official #1."

business1 year ago

Gautam Adani's US Indictment Shakes India's Corporate Image

The US indictment of Gautam Adani, founder of India's Adani Group, for alleged involvement in a $265 million bribery scheme has raised concerns about the integrity of Indian business practices and regulatory oversight. This development complicates US-India relations, already strained by other diplomatic issues, and provides ammunition for Indian opposition parties to criticize Prime Minister Narendra Modi's ties with Adani. The charges could impact international investor confidence in India's economic narrative and its position as a reliable business partner.