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Moody's to evaluate Adani Group's governance amid bribery allegations

IndiaTimes Thursday, 21 November 2024
Moody's Ratings has put the Adani Group's governance practices under scrutiny following bribery allegations against chairman Gautam Adani. US prosecutors allege Adani's involvement in a $250 million bribery scheme to secure favorable solar contracts. Moody's is assessing the conglomerate's capital access and liquidity in light of these developments.
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Video Credit: Oneindia - Published
News video: BREAKING: US authorities accuse the Adanis of a $265 million bribery scheme to secure loans.

BREAKING: US authorities accuse the Adanis of a $265 million bribery scheme to secure loans. 03:06

 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 energy contracts. The case also involves international defendants, including Australian businessman...

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