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It’s been more than a week since the US Department of Justice, FBI and the Securities and Exchange Commission issued indictments- charging the Adani group, its top leadership including Gautam Adani of a conspiracy to bribe Indian government officials for contracts, and defrauding US investors by raising capital through bonds issues. Remember these are indictments […]
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Representational file image. | Photo Credit: VIJAY SONEJI A review committee formed by Bangladesh’s interim government on Sunday (November 24, 2024) recommended engaging an investigation agency to examine power agreements signed by deposed prime minister Sheikh Hasina’s regime with different business groups, including one with India’s Adani Group. “The National Review Committee on Ministry of […]
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Adani Power, a part of the Adani conglomerate, had started supplying power to Bangladesh in April 2023. File | Photo Credit: Reuters Indictment of Gautam Adani and several top officials of the Adani conglomerate in the U.S. may become a factor in future negotiations between the Adani Group and the interim government in Bangladesh, energy […]
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Gautam Adani. Files | Photo Credit: Reuters The U.S. Department of Justice (DoJ) has issued a five-count criminal indictment of Gautam Adani, chairman of the Adani Group, and several of his business associates. The charges include promising more than $250 million in bribes to Indian government officials to secure solar energy contracts, conspiracies to commit […]
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The U.S. Department of Justice (DoJ) has issued a five-count criminal indictment of Gautam Adani, chairman of the Adani Group, and several of his business associates. The charges include promising more than $250 million in bribes to Indian government officials to secure solar energy contracts, conspiracies to commit securities and wire fraud, and orchestrating “a […]
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