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US SEC summons Gautam Adani, nephew Sagar in bribery case
Gautam Adani, nephew Sagar Adani summoned by US SEC in $265 million bribery case
Gautam Adani and Sagar Adani have been summoned to respond to allegations of bribery in US. The US SEC alleges they paid bribes to secure solar energy contracts in India.
What you need to know about Adani's U.S. bribery indictment
Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, sending shockwaves across his eponymous $142 billion ports-to-soybeans business conglomerate.
Adani Bribery Case: Gautam Adani & Nephew Sagar Adani Summoned By US SEC Over Bribery Allegations
Both Gautam Adani and his nephew Sagar Adani, a director at Adani Green Energy Ltd, have been summoned by the US Securities and Exchange Commission (SEC) to respond to the charges within 21 days.
Adani CFO says US charges linked to only 1 business contract
Adani CFO says US charges linked to only one business contract
A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing,
Adani Group CFO Clarifies Deal That Led to Indictment in the US
Adani Group has cleared the air on the indictment of Indian billionaire Gautam Adani by a federal grand jury in the United States over fraud allegations. In a statement on Saturday, October 23, Adani Group Chief Financial Officer (CFO) Jugeshinder Robbie Singh explained that the charges against Adani are related solely to one of its companies,
Adani Green’s CFO downplays US bribery charges, links allegations to a single contract
On Wednesday, Adani, one of the world’s wealthiest individuals, and seven others were charged by US prosecutors in connection with a $265 million scheme to bribe Indian officials for power-supply contracts.
Bloomberg L.P.
12h
Adani to Respond to US Bribery Allegations After Legal Review
The
Adani
Group will respond to bribery allegations leveled by the US after a detailed legal review and once it has secured ...
18h
on MSN
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S.
19h
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...
9h
Adani Shock Exposes ESG Fund Managers Clinging to ‘Terrible’ Bet
Roughly 770 ESG funds worldwide hold shares of Adani Green Energy Ltd., which just lost about a quarter of its value after US ...
19h
on MSN
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
20h
Adani's bribery scandal raises concern on market, public disclosure lapses
In March, Adani Group's head of corporate finance wrote an email to one of its lenders, calling as "baseless" a media report ...
17h
Why This U.S. Indictment Has Billionaire Adani's Conglomerate Facing Major Setbacks | Forbes Topline
A day after billionaire Gautam Adani was indicted in a major bribery case in the U.S., his conglomerate faced a series of ...
1d
on MSN
Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
Federal prosecutors said a consultant created multiple presentations, including one discussing how to reimburse Adani for the ...
55m
on MSN
BJP win in Maharashtra: Breather for Adani's $3-billion Dharavi project
New Delhi: The landslide victory for ruling BJP-led Mahayuti in Maharashtra will booster billionaire Gautam
Adani
-led group ...
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