Reported 3 days ago
Gautam Adani, the chairman of Adani Group, expressed his company's dedication to 'world-class regulatory compliance' following U.S. fraud and bribery charges against him and several associates. Indicted for allegedly orchestrating a $265 million bribery scheme and for securities fraud, Adani emphasized that challenges strengthen the group and asserted confidence in overcoming scrutiny. Despite his ambitions in renewable energy, accusations of crony capitalism linger, impacting international projects in Kenya, Sri Lanka, and Bangladesh.
Source: YAHOO