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Adani Group bribery scandal: US links $250 million bribe scheme to Andhra Pradesh solar contracts
Credit: IndiaTimes- Published on November 21, 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...
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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