Tag: Adani US bribery case

U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

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Indian billionaire Gautam Adani. File | Photo Credit: Reuters Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the U.S. Securities and Exchange Commission (SEC) allegation of paying $265 million (₹2,200 crore) in bribes to secure lucrative solar power contracts. Summons have been sent to […]

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U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

Sri Lanka ‘should be vigilant’ about Adani power deal following U.S. indictment, say experts

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Former President Ranil Wickremesinghe and Gautam Adani during a meeting in New Delhi in July 2023. Photo: Special Arrangement Sri Lanka should be vigilant about the Adani power project in the island, experts said on Thursday,after Federal prosecutors in New York indicted Group Chairman Gautam Adani and seven others on multiple counts of fraud.  Sri […]

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U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

Kenya cancels proposed deals with Adani Group after U.S. indictments

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Kenyan President William Ruto said on Thursday (November 21, 2024) that he had ordered the cancellation of a procurement process expected to hand control of the country’s main airport to the Adani Group | Photo Credit: Reuters Kenyan President William Ruto said on Thursday (November 21, 2024) that he had ordered the cancellation of a […]

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U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

Gautam Adani Bribery case: Indian billionaire faces five-count criminal indictment in U.S. for bribery, security fraud

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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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Gautam Adani Bribery case: Indian billionaire faces five-count criminal indictment in U.S. for bribery, security fraud

Gautam Adani Bribery case: Indian billionaire faces five-count criminal indictment in U.S. for bribery, security fraud

adminLeave a Comment on Gautam Adani Bribery case: Indian billionaire faces five-count criminal indictment in U.S. for bribery, security fraud

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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U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

Gautam Adani indicted in U.S. with bribery; bond deal pulled

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Adani Group Chairperson Gautam Adani. File photo | Photo Credit: PTI Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, according to U.S. prosecutors. Authorities said Mr. Adani and seven […]

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