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USA indicts Gautam Adani for $265 mn bribery scheme

The Statesman

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November 22, 2024

The AdaniGroup rejected the chargesas baseless, said it will pursue all possible legal recourse

USA indicts Gautam Adani for $265 mn bribery scheme

Gautam Adani, head of India's Adani Group, his Adani and six others face nephew Sagar charges in the United States in a multibillion-dollar bribery and fraud scheme.

Prosecutors announced the charges on Wednesday, alleging that the group bribed Indian officials to secure solar energy contracts.

The Adani Group has rejected the charges as baseless, and said all possible legal recourse will be sought.

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