Gautam Adani and Nephew Face Major US Bribery and Fraud Charges in Solar Power Contract Scandal
5
Jan
Business
Rohan Neeraj
In a high-profile case capturing international attention, Gautam Adani and his nephew Sagar Adani face charges by the US Department of Justice for a $250 million bribery scheme. The allegations include securities and wire fraud, accusing the Adani Group of deceiving US investors and government officials to secure profitable solar power contracts in India. Arrest warrants have been issued as scrutiny on the Adani Group intensifies following previous accusations of fraud.
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