There are allegations of $250m of bribes paid to Indian government officials to secure solar energy contracts for an Indian energy firm with Guatam Adani named by a court.
Hobeng Lim was appointed managing director to lead the finance sector in the Gelephu Mindfulness City. FA spoke to him about his new role, and how finance can embody the concept of ‘mindfulness’.
The World Bank, the Asian Development Bank, the Islamic Development Bank and others, are providing support packages worth billions of dollars, to help with financial sector reforms.
The former head of Citi’s Apac equity derivatives trading will relocate from Singapore to Hong Kong and cover Asia South, Japan, Asia North and Australia.