Gautam Adani Faces Legal Storm Over $265 Million Bribery Scandal
22
Mar
Business
Rohan Neeraj
Gautam Adani and top executives from Adani Group are entangled in a severe bribery scandal involving a $265 million scheme. U.S. prosecutors charge the executives with concealing bribes for securing solar energy contracts. The company's market value plummets, and legal experts predict potential settlements similar to Siemens or Ericsson, as the case tightens around securities and wire fraud charges.
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