Bookmark Article
Gautam Adani, chair of India’s Adani Group and one of the world’s richest individuals, was indicted in New York federal court for his alleged involvement in a bribery and fraud scheme worth over $250 million. Along with two executives, Adani is accused of paying bribes to Indian government officials to secure solar energy contracts worth more than $2 billion in profits. The indictment also charges individuals from other companies involved in the scheme with securities fraud conspiracy, wire fraud conspiracy, and securities fraud.
Full Article
