Gautam Adani Charged with Securities Law Violations

Reported about 15 hours ago

Indian billionaire Gautam Adani has been charged in the U.S. for alleged securities law violations, according to Adani Green Energy. He and his associates face accusations of bribing officials to secure Indian power supply contracts and misleading U.S. investors. While the U.S. SEC seeks civil monetary penalties, it has not specified the amounts. The Adani Group denies the charges, labeling them as baseless.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis