US SEC seeks India's help in Adani $265 million bribery fraud
- Posted on February 19, 2025
- By Business News Today
- 6 Views
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US SEC seeks India's help in Adani $265 million bribery fraud
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The U.S. SEC is seeking help from Indian authorities to serve complaints to Adani Group founder Gautam Adani and his nephew Sagar Adani over alleged securities fraud and a $265 million bribery scheme. Federal prosecutors allege that Adani bribed Indian officials and misled U.S. investors. Adani Group denies the allegations and promises to pursue all legal options.