Preet Bharara News

India-born former top federal prosecutor Preet Bharara, who received a phone call from US President Donald Trump just two days before he was fired, said he "was done with" the American leader and did him a favour by not returning his call.

In his first public appearance since being fired, India-born former top federal prosecutor Preet Bharara took swipes at President Donald Trump, saying "you don't drain a swamp with a slogan" and poked fun at his fixation on crowd sizes.  

India-born former top federal prosecutor Preet Bharara, has termed his firing by President Donald Trump as "deliberate", saying he does not "begrudge" the decision but wants the "record to be clear."

Indian-American attorney Preet Bharara, who was recently fired by the Trump administration, was investigating into allegations of trading of health- related stocks of Secretary of Health and Human Services Tom Price, an investigative news media outlet has claimed.

A day after being asked to quit by US President Donald Trump's administration, Preet Bharara, a high-profile Indian-American federal prosecutor was sacked on Saturday, a media report said.

The judge said the 68-year-old Skelos "repeatedly threatened and pressured" big companies to help his son, portraying him as destitute even while he was earning well over USD 200,000 annually.

The media group that coordinated the Panama Papers investigation into offshore companies said on Thursday it would not participate in a criminal probe by the U.S. Department of Justice.

An Indian-origin portfolio manager has been sentenced here to 9 years in prison for his role in one of the "most lucrative" insider trading schemes ever involving USD 276 million and ordered to forfeit a USD 9.3 million bonus he earned through it.

French bank BNP Paribas has pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve accusations it violated U.S. sanctions against Sudan, Cuba and Iran, a severe punishment aimed at sending a clear message to other financial institutions around the world.

The plea agreement provides that BNPP will pay total financial penalties of USD 8.97 billion, including forfeiture of USD 8.83 billion and a fine of USD 140 million.