US charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
Wednesday, 20 November 2024 () One of the world’s richest people has been indicted in the U.S. on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme. Indian businessman Gautam Adani was charged in an indictment unsealed Wednesday with securities fraud and conspiring to commit securities and wire fraud. He is accused of defrauding investors who poured several billion dollars into the project by failing to tell them about more than $250 million in bribes paid to Indian officials to secure lucrative solar energy supply contracts. Online court records did not list lawyers who could speak on Adani’s behalf.
Indian opposition leader Rahul Gandhi has called for the immediate arrest of billionaire Gautam Adani following his indictment by U.S. prosecutors on charges of bribery and fraud. Gandhi asserts that these developments validate his longstanding allegations against Adani. The U.S. indictment accuses...
President William Ruto has canceled two main deals involving Jomo Kenyatta International Airport (JKIA) and the Kenya Electricity Transmission Company (Ketraco) with Indian billionaire Gautam Adani..
Congress leader Rahul Gandhi has called for the immediate arrest of Gautam Adani after the billionaire was indicted in the US for his alleged involvement in a bribery scheme linked to solar energy..
The US has issued arrest warrants for Gautam and Sagar Adani over a $265 million bribery and fraud scheme. The Adani Group is accused of concealing corruption to raise billions in loans while securing..
Congress leader Rahul Gandhi urged for the immediate arrest of billionaire Gautam Adani, citing US charges of bribery and fraud. Gandhi highlighted US... IndiaTimes
US prosecutors have accused Sagar Adani, nephew of Indian billionaire Gautam Adani, and others of orchestrating a massive bribery scheme. They allegedly paid... IndiaTimes
Wednesday, 20 November 2024 ()
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