Gautam Adani Faces Major U.S. Fraud Charges Tied to Solar Project Bribery Scheme
17
Mar
Business
Rohan Neeraj
Gautam Adani and associates are entangled in a U.S. fraud case alleging they paid over $250 million in bribes to secure solar energy contracts in India. This case involves conspiracy to breach the Foreign Corrupt Practices Act, securities fraud, and obstruction of justice, with investors misled about the anti-bribery measures in place. The SEC has filed its own charges, adding to Adani's legal troubles.
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