Gautam Adani Indicted by US in Major Bribery Conspiracy: Allegations of $250 Million Scheme

Gautam Adani Indicted by US in Major Bribery Conspiracy: Allegations of $250 Million Scheme

17 Jan
Rohan Neeraj

US prosecutors have charged billionaire Gautam Adani with orchestrating a $250 million bribery scheme to secure solar energy contracts. The indictment reveals detailed plans to bribe Indian officials, implicating key executives and obscuring actions from US investors. The Adani Group, however, dismisses the charges as baseless, pledging to fight the accusations in court.

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Gautam Adani's Alleged Bribery Scandal: A Deep Dive Into The Solar Power Fraud Charges

Gautam Adani's Alleged Bribery Scandal: A Deep Dive Into The Solar Power Fraud Charges

15 Dec
Rohan Neeraj

Gautam Adani faces severe allegations in the US, accused of orchestrating a $250 million bribery scheme to bag solar energy contracts from the Indian government. He, along with several high-profile defendants, including his nephew and former executives, are alleged to have falsified records to charm investors. The US SEC has also filed civil charges against Adani Green Energy Ltd. for deceiving investors and misrepresenting their operations.

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