Gautam Adani charged with over $250 million bribery, fraud: Details of the case and other accused revealed

  • Posted on November 21, 2024
  • By Business News Today
  • 1 Views
Gautam Adani charged with over $250 million bribery, fraud: Details of the case and other accused revealed

US prosecutors have charged Indian billionaire Gautam Adani, his nephew Sagar Adani, and six others in a multi-billion-dollar fraud and bribery scheme. Allegations include paying over $250 million in bribes to secure solar energy contracts and misleading investors to raise $3 billion in funding. The indictment outlines violations of US laws, including securities fraud and obstruction of justice, spanning 2020 to 2024. Arrest warrants have been issued for Gautam and Sagar Adani as investigations continue.
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