Adani bribery scandal: US indictment names Odisha, Andhra Pradesh, J&K, Tamil Nadu, and Chhattisgarh
- Posted on November 21, 2024
- By Business News Today
- 1 Views
Adani bribery scandal: US indictment names Odisha, Andhra Pradesh, J&K, Tamil Nadu, and Chhattisgarh
The US Securities and Exchange Commission has charged Gautam Adani and associates with a multi-billion dollar scheme involving bribery and defrauding investors. They allegedly bribed Indian officials to secure solar energy contracts and misled investors about their practices. The charges include securities fraud, wire fraud, and violations of the Foreign Corrupt Practices Act.