Gautam Adani indictment: Moody’s says bribery charges credit negative for Adani group companies

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 Adani and seven others, including his nephew Sagar Adani, of paying $265 million in bribes to Indian officials to secure contracts for a major solar power project. The charges also include securities fraud and wire fraud conspiracy. #GautamAdani #RahulGandhi #Adani #Hindenburg #AdaniSolarProject #IndianOfficials #PMModi #NarendraModi #Modi #India #SEBI ~PR.362~HT.318~ED.101~GR.344~

Adani Group companies' share prices plummeted up to 20% following US charges against Gautam Adani and seven others for an alleged multibillion-dollar bribery and...