Gautam Adani charged with alleged bribery scheme; hiding plan to bribe Indian officials, says U.S.
The U.S. Securities and Exchange Commission (SEC) has charged billionaire Gautam Adani, founder and chairman of the Adani Group, with allegedly defrauding American investors and bribing officials.
Mr. Adani (62) and his nephew Sagar Adani (30), executives of Adani Green Energy Limited, and Cyril Cabanes, an executive of Azure Power Global Limited, were charged on Wednesday (November 20, 2024) with conspiracy to commit securities and wire fraud, as well as substantive securities fraud.
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U.S. charges Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
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