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Kenya Cancels Adani Group Power Deal Amid US Bribery Charges
Credit: Zee News- Published on November 21, 2024
The Adani Group has responded to allegations against directors of Adani Green made by the US Department of Justice and the US Securities and Exchange Commission.
Video credit: Oneindia
Published on November 21, 2024 - 03:06
BREAKING: US authorities accuse the Adanis of a $265 million bribery scheme to secure loans.
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 Cyril Cabanes, and violates the US Foreign Corrupt Practices Act. The controversy adds to scrutiny over the group's controversial projects like the Carmichael coal mine.
#Adani #Bribery #Fraud #USWarrants #CarmichaelMine #Corruption #EnergyContracts #GlobalInvestigation #USWarrants #Oneindia #OneIndiaNews
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