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Big blow to Gautam Adani as US charges billionaire in alleged bribery scheme, know details of case here
Credit: DNA- Published on November 21, 2024
The case involves a lucrative arrangement for Adani Green Energy Ltd. And another firm to sell 12 gigawatts of solar power to the Indian government - enough to light millions of homes and businesses.
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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