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'Case could escalate, leading to arrest warrants & extradition bid'
Millennium Post Delhi
|November 23, 2024
US CHARGES AGAINST ADANI, 7 OTHERS
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NEW YORK: With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts.
Adani, India's second-richest man, and seven others, including his nephew Sagar Adani, have been charged by the US Department of Justice with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion in profit over 20 years.
"US Attorney Breon Peace has the right to get arrest warrants issued against Adani and seven others indicted and serve them on the nations where they reside," Indian-American attorney Ravi Batra said on Thursday.
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