SEC issues summons for Gautam Adani, nephew on bribery allegations

The U.S. SEC has issued a summons to Gautam Adani and his nephew, Sagar, over bribery allegations linked to a $750 million bond offering. The SEC claims they engaged in bribery to secure deals while falsely claiming compliance with anti-bribery laws. This follows a federal indictment for a $265 million bribery scheme in India.