Russia tests new missile in Ukraine A video grab shows flashes over the Ukrainian city of Dnipro, which Kyiv claimed was attacked by a Russian intercontinental ballistic missile (ICBM). It was in apparent retaliation to Ukraine firing longer range missiles at Russia, sourced from the US and UK. Russia said it tested a new intermediate range missile. Deploying an ICBM, which carries nuclear warheads, would be a major escalation of the war | AFP | P13 chennai l friday l november 22, 2024 l `9.00 l PAGES 40 l late city EDITION CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOgGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI US court cloud over Adani Bribery charges against Adani Group head Will seek legal recourse: Adani As stated by the US Department of Justice, the charges in the indictment are allegations. The defendants are presumed innocent unless proven guilty. All possible legal recourse will be sought,” the Adani Group said Rahul demands immediate Arrest Leader of Opposition Rahul Gandhi on Thursday demanded immediate arrest of Gautam Adani. “Why is he roaming around like a free man?” he asked, demanding his arrest Curious timing, Quips bjp The BJP said all the states mentioned in the US indictment were at that time ruled by opposition parties. It also questioned the timing, just before the start of Parliament session A RS H A D K H A N & B S N M A L L E SWA R A R AO @ New Delhi / Vijayawada THE US Department of Justice (DoJ) has indicted Adani Group chairman Gautam Adani and seven others on bribery charges involving over $250 million in payments to Indian government officials to secure solar energy contracts. The US Attorney’s Office for the Eastern District of New York charged Adani and others with conspiracy to commit securities and wire fraud, as well as substantive securities fraud, for their involvement in a multi-billion dollar scheme to deceive US investors and global financial institutions with false and misleading statements. The indictment alleges that between 2020 and 2024, the accused conspired to pay bribes to officials in Andhra Pradesh, Tamil Nadu, Odisha, Chhattisgarh, and Jammu & Kashmir to secure lucrative solar energy supply contracts. These con- $250 million kickbacks to sign power pacts tracts were expected to generate post-tax profits exceeding $2 billion over an estimated 20year period. The prosecutors said the Adanis raised more than $3 billion in loans and bonds by hiding their corruption from lenders and investors. Following the reports, Adani Green Energy cancelled plans to raise $600 million in US dollar-denominated bonds. The other executives who are indicted are Vneet S Jaain (ex-CEO of Adani Green), Ranjit Gupta, Rupesh Agarwal, Saurabh Agarwal, and Deepak Malhotra. An indictment is the formal charges prepared by prosecutors and returned by a grand jury to start criminal proceedings. It is not a conviction and the accused remains innocent until proven guilty in court. Adani Group denied the allegations and called them baseless, adding that it will take all possible legal steps. “The Adani Group has always upheld and is steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations,” it said. Adani shares crashed up to 23% on Thursday . In another investigation, the US Securities and Exchange Commission said that hundreds of thousands of dollars were paid or promised to officials in Odisha to buy 500 MW power from the Solar Energy Corporation of India Limited (SECI) to which Adani Green Energy was supplying power. SEC also alleged that Adani paid $200 million to Andhra officials following his meeting with the then chief minister. Y S Jaganmohan Reddy’s YSR Congress Party strongly condemned the allegations, saying they were false. In his pushback, Tamil Nadu electricity minister V Senthil Balaji said the power corporation run by his government does not have any commercial ties with Adani’s firm.  P9, P14 ICC issues arrest warrant against Bibi A G E N C I E S @ The Hague THE International Criminal Court on Thursday issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, his former defence minister Yoav Gallant, and Hamas’ military chief Mohammed Deif, accusing them of crimes against humanity in connection with their war. The warrants against Netanyahu and Gallant focus on allegations that Israel has used food as a weapon in its campaign against Hamas in Gaza, a charge Israeli officials deny . The warrants were issued by a three-judge panel in a unanimous decision. The panel said there were reasonable grounds to believe they “intentionally and knowingly deprived the civilian population in Gaza of objects indispensable to their survival”, including food, water, medicine, fuel and electricity . The decision came six months after ICC Chief Prosecutor Karim Khan requested the warrants. Netanyahu said Israel “rejects with disgust the absurd and false actions” adding: “There is nothing more just than the war that Israel has been waging in Gaza.” P13 $600 bnIndia from developed in grants demanded by “We demand a mobilisation goal of $1.3 trillion, with at least $600 billion in grants or grant-equivalent resources,” says Leela Nandan, Union environment secretary | P13 express read HC okays memorial for Fr. Stan Swamy Chennai: Holding that government cannot stop a person from erecting statues on a private land unless it may cause law and order issue, the Madras HC has permitted a Salem-based activist to build a memorial for Father Stan Swamy, a tribal rights activist who died in jail. The state had argued that Swamy was connected with “Naxals and Maoists” | P4 Min: No biz link with Adani Group in 3 yrs Karur: Referring to reports about reference to TN in a case filed in the US against the Adani Group, power minister V Senthil Balaji said Tangedco did not have any commercial relationship with Adani Group over the past three years. An MoU was signed only with a union govt agency for buying power, he said | P4 WITH THIS ISSUE CHENNAI’S BEST WEEKEND GUIDE 40 PAGES, INCLUDING 24 OF INDULGE (TABLOID)