Adani Group bribery scandal: US links $250 million bribe scheme to Andhra Pradesh solar contracts
Thursday, 21 November 2024 The US Department of Justice has accused Gautam Adani and Adani Group executives of bribery. They allegedly offered $250 million to Indian government officials. The bribes aimed to secure solar energy contracts. Andhra Pradesh is a key focus of the investigation. The US authorities are committed to rooting out corruption. They allege the scheme defrauded US investors.
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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Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay over USD 250 million (about Rs 2,100 crore) bribe to... Zee News Also reported by •IndiaTimes
Andhra Pradesh Chief Minister Chandrababu Naidu announced an investigation into alleged bribery involving the former YSRCP government and the Adani Group. The US... IndiaTimes
US prosecutors have indicted Gautam Adani, his nephew Sagar and other defendants for paying over USD 250 million in bribes between 2020 and 2024 to Indian... Zee News