US Indicts Adani in Corrupt Solar Project Bribery Case

Reported about 20 hours ago

Indian billionaire Gautam Adani, along with his nephew and several executives, has been indicted by U.S. prosecutors for allegedly orchestrating a $265 million bribery scheme to influence Indian officials in favor of their solar energy business. The Adani Group has denied the charges as baseless, while the investigation revealed details about tracking and paying bribes to secure business advantages. U.S. authorities are investigating violations of the Foreign Corrupt Practices Act, and the outcome could involve significant legal consequences for those involved.

Source: YAHOO

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