'Charges against Adani in bribery case can be withdrawn if deemed unworthy after Trump takes over as President'
1 month, 1 week ago

'Charges against Adani in bribery case can be withdrawn if deemed unworthy after Trump takes over as President'

Deccan Chronicle  

New York: There remains a possibility that the USD 265 million bribery case against Indian billionaire Gautam Adani can be withdrawn if the charges against him are deemed unworthy or defective after Donald Trump takes over as the US President, a prominent Indian-American attorney has said. “If the criminal or civil charges are deemed unworthy or defective, President Trump's new Justice Department and SEC can withdraw the criminal and civil cases, Batra said adding that the Law is a many splendored thing, as it can, and does, self-correct to retain public confidence in the noble judiciary and the rule of law.” “This principle also has application in the comity of nations, given the all-important prosecutorial discretion. On Monday, US Attorney for the Southern District of New York Damian Williams, who has served as the chief federal law enforcement officer in the district, announced his intention to resign from his position on December 13, over a month before Trump assumes charge. Trump has nominated Jay Clayton, who was the SEC Chairman during his first tenure in the White House, to serve as US Attorney for the Southern District of New York, Manhattan's top federal prosecutor.

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History of this topic

‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe
Trending News
20 hours, 17 minutes ago

‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe

Live Mint  

A United States Congressman has warned the ongoing Joe Biden administration of risking America's critical alliance with India over its decision to investigate the activities of Indian billionaire Gautam Adani. Terming it “selective”, the US lawmaker said such actions could risk damaging critical alliances with key partners such as India. In a letter to US Attorney General Merrick B Garland, …

U.S. Congressman challenges Biden administration’s decision to investigate Gautam Adani
1 day ago

U.S. Congressman challenges Biden administration’s decision to investigate Gautam Adani

The Hindu  

Challenging the decision of the Biden administration to investigate the activities of billionaire Gautam Adani, an influential Republican lawmaker in the U.S. has said such selective actions risk damaging critical alliances with key partners. “The Department of Justice’s selective actions risk damaging critical alliances with key partners like India, one of America’s strongest allies in the Asia-Pacific region,” Mr. Gooden …

Civil, criminal cases against Gautam Adani, others related, assigned to one judge: Court order
4 days, 20 hours ago

Civil, criminal cases against Gautam Adani, others related, assigned to one judge: Court order

Deccan Chronicle  

New York: A New York court has ordered that the criminal and civil cases filed against Indian billionaire Gautam Adani and others in a bribery scheme are related and will be assigned to the judge overseeing the criminal case.The order available on the court website of the US District Court Eastern District of New York says that in consultation with …

Adani bribery case: US court orders joint criminal, civil trial against tycoon
1 week ago

Adani bribery case: US court orders joint criminal, civil trial against tycoon

India Today  

In a major development, a New York court has ordered to club the three ongoing cases against industrialist Gautam Adani and others on charges of USD 265 million bribery. The cases that have been tagged together include US vs Adani and others, Securities and Exchange Commission vs Adani and others, and SEC vs Cabanes. Adani and others are charged with …

US attorney who indicted Gautam Adani in New York court to resign
2 weeks, 6 days ago

US attorney who indicted Gautam Adani in New York court to resign

India Today  

United States Attorney for the Eastern District of New York, Breon Peace, has announced his resignation, effective January 10, 2025, just days before the inauguration of Donald Trump as the President of the United States. Breon Peace, who has served in the role since October 15, 2021, has been a key figure in several high-profile cases, including the fraud indictment …

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director
1 month ago

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director

India Today  

The United States Securities and Exchange Commission has approached a New York court with a formal request to consolidate the civil cases against Indian industrialist Gautam Adani and Azure Power's Cyril Cabanes. While Gautam Adani and his nephew Sagar Adani have not been directly charged with FCPA violations - a fact repeatedly emphasised by their legal counsel, including prominent lawyers …

Can Indian billionaire Gautam Adani be tried in the US for India ‘crimes’?
1 month ago

Can Indian billionaire Gautam Adani be tried in the US for India ‘crimes’?

Al Jazeera  

The recent allegations by US prosecutors highlight jurisdictional complexities of charging a person living in another country with an alleged crime committed there. The United States Securities and Exchange Commission has accused Adani and others of conspiring to pay about $265m in bribes to Indian government officials to obtain contracts and develop India’s largest solar power plant project. “This is …

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’
Trending News
1 month, 1 week ago

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’

Live Mint  

Adani Group Chairman Gautam Adani on Saturday, November 30, responded to the alleged bribery and fraud allegations against the conglomerate, saying that the legal matter involving the US Department of Justice is a challenge which the Group has faced "not for the first time". What I can tell you is that every attack makes us stronger and every obstacle becomes …

MEA denies reports of US summons for Gautam Adani, says 'no official request received'
Trending News
1 month, 1 week ago

MEA denies reports of US summons for Gautam Adani, says 'no official request received'

India TV News  

The Ministry of External Affairs on Friday dismissed media reports suggesting that US prosecutors had issued summons for Adani Group Chairman Gautam Adani and others in connection with an alleged bribery case. Adani Group denies bribery allegations Media reports surfaced alleging that Gautam Adani and other executives were named in a five-count criminal indictment unsealed by the United States District …

No request received from US on Adani case: MEA
Trending News
1 month, 1 week ago

No request received from US on Adani case: MEA

New Indian Express  

The Ministry of External Affairs has clarified that India has not received any prior communication from the United States regarding the legal proceedings involving the Adani Group and the US Department of Justice. "This is a legal matter involving private firms, individuals, and the US Department of Justice. According to the group, chairman Gautam Adani, his nephew Sagar Adani, and …

'Incorrect and reckless reporting': Adani Group refutes allegations against Gautam Adani, his nephew Sagar Adani and Vneet Jaain, says no FCPA charges
Top News
1 month, 1 week ago

'Incorrect and reckless reporting': Adani Group refutes allegations against Gautam Adani, his nephew Sagar Adani and Vneet Jaain, says no FCPA charges

Op India  

Amidst continuous attacks by the opposition parties over the indictment of Adani Group chairman Gautam Adani, his nephew Sagar Adani and over allegations of bribery in a New York district court, Adani Group refuted the misleading reporting done in media and by some political parties. “Media articles which state that certain of our directors namely Gautam Adani, Sagar Adani and …

Mukul Rohatgi, Mahesh Jethmalani defend Gautam Adani, Sagar Adani over US bribery charges, slam Opposition
Top News
1 month, 1 week ago

Mukul Rohatgi, Mahesh Jethmalani defend Gautam Adani, Sagar Adani over US bribery charges, slam Opposition

Hindustan Times  

The Adani Group on Wednesday strongly denied allegations of bribery and violations of the US Foreign Corrupt Practices Act against its chairman Gautam Adani, his nephew Sagar Adani, and key executive Vneet Jaain in a case filed by the US Department of Justice. The company clarified that its chairman Gautam Adani, Sagar Adani, and Vneet Jaain have not been charged …

Ex-attorney general Mukul Rohatgi ‘clears air’ on bribery charges against Adani
Trending News
1 month, 1 week ago

Ex-attorney general Mukul Rohatgi ‘clears air’ on bribery charges against Adani

Hindustan Times  

Senior advocate and former attorney general Mukul Rohatgi on Wednesday addressed the media to clarify allegations against Adani Group chairman Gautam Adani, his nephew Sagar Adani, and others, stemming from a criminal indictment and civil complaint by US prosecutors and regulators. Meanwhile, Adani Green Energy Ltd. on Wednesday morning filed an official response to stock exchanges under SEBI regulations, refuting …

No bribery charges against Gautam Adani, Sagar: Adani Group
1 month, 1 week ago

No bribery charges against Gautam Adani, Sagar: Adani Group

Deccan Chronicle  

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.Gautam Adani, founder chairman of the ports-to-energy conglomerate, Sagar Adani and another key executive, Vneet Jaain, have been charged …

Adani Group refutes US allegations of bribery charges against Gautam Adani, Sagar Adani, and other executives
Top News
1 month, 1 week ago

Adani Group refutes US allegations of bribery charges against Gautam Adani, Sagar Adani, and other executives

Live Mint  

Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jaain have been cleared of any bribery charges, according to the US Department of Justice. In response to growing controversy over corruption allegations, Adani Green Energy Ltd issued a clarification on November 27, stating that the charges against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain, as outlined by …

Gautam Adani, nephew Sagar Adani not charged under US FCPA: Adani Green
1 month, 1 week ago

Gautam Adani, nephew Sagar Adani not charged under US FCPA: Adani Green

Hindustan Times  

The Adani Group on Wednesday said its chairman and billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the United States Foreign Corrupt Practices Act in the bribery case indictment filed by US authorities. REUTERS/FILE The US Department of Justice has charged Gautam Adani, founder and chairman of the Adani Group, along with …

Adani case: Lawyer Mukul Rohatgi picks holes in US bribery charges
1 month, 1 week ago

Adani case: Lawyer Mukul Rohatgi picks holes in US bribery charges

India Today  

Picking holes in the US charges against the Adani Group, senior lawyer Mukul Rohatgi on Wednesday said Gautam Adani and his nephew have not been charged with violation of the US Foreign Corrupt Practices Act while another advocate, Mahesh Jethmalani, asserted that the indictment only mentioned a "conspiracy to bribe". Briefing the media, Rohatgi said while the charges mention that …

Former Attorney General Rohatgi says no bribery charges against Gautam Adani, nephew in US indictment
1 month, 1 week ago

Former Attorney General Rohatgi says no bribery charges against Gautam Adani, nephew in US indictment

New Indian Express  

NEW DELHI: Former Attorney General of India and Senior Counsel Mukul Rohatgi on Wednesday said that industrialist Gautam Adani, along with his nephew Sagar Adani, have not been named in key bribery or obstruction of justice charges in the indictment filed by United States prosecutors in a bribery case. Earlier today, the Adani Group Energy Limited refuted bribery allegations made …

Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?
Top News
1 month, 1 week ago

Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?

Live Mint  

The Andhra Pradesh state government is reviewing official files and will explore if there is a possibility of cancelling a power supply contract linked to the Adani Group, reported the news agency Reuters, quoting Finance Minister of the State, Payyavula Keshav, on November 26. The indictment release from the US authorities also said that after payment of the alleged bribes …

Plea In Madras High Court Seeks SIT/ED/CBI Probe Into Indictment Of Gautam Adani In US On Bribery Charges
1 month, 2 weeks ago

Plea In Madras High Court Seeks SIT/ED/CBI Probe Into Indictment Of Gautam Adani In US On Bribery Charges

Live Law  

A plea has been filed in the Madras High Court seeking directions to the Home Ministry to either set up a Special Investigation Team or to direct the Enforcement Directorate or Central Bureau of Investigation or any other appropriate investigation agency to investigate into the corruption charges levelled against Indian businessman Gautam Adani and his indictment by United States Department …

Adani indictment row: U.S. State Department declines comment on disruptions in Indian Parliament
1 month, 2 weeks ago

Adani indictment row: U.S. State Department declines comment on disruptions in Indian Parliament

The Hindu  

The U.S. State Department refused to comment on the disruptions in the Indian Parliament over the indictment of billionaire Gautam Adani in a U.S. court on charges of bribery. The U.S. authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged $265 million bribery scheme. Last week, a five-count criminal indictment …

Adani indictment: US State Department declines comment on disruptions in Indian Parliament
1 month, 2 weeks ago

Adani indictment: US State Department declines comment on disruptions in Indian Parliament

ABP News  

Washington, Nov 26 : The US State Department refused to comment on the disruptions in Indian Parliament over the indictment of billionaire Gautam Adani in a US court on charges of bribery. The US authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged USD 265 million bribery scheme. Last week, …

Adani indictment: US State Department declines comment on disruptions in Indian Parliament
1 month, 2 weeks ago

Adani indictment: US State Department declines comment on disruptions in Indian Parliament

New Indian Express  

WASHINGTON: The US State Department refused to comment on the disruptions in Indian Parliament over the indictment of billionaire Gautam Adani in a US court on charges of bribery. The US authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged USD 265 million bribery scheme. Last week, a five-count criminal …

Bribery Scheme: More trouble for Adani Group as partners, investors review ties
1 month, 2 weeks ago

Bribery Scheme: More trouble for Adani Group as partners, investors review ties

New Indian Express  

The Adani Group is facing escalating challenges after being criminally indicted by a US federal court last week on corruption charges. In further bad news for the Ahmedabad-based conglomerate, its largest foreign investor, France’s Total Energies, announced on Monday that it will halt any new financial contributions to Adani Group companies. In a statement issued on Monday, Total Energies said: …

Fresh plea in Supreme Court seeks probe into U.S. indictment of Gautam Adani
1 month, 2 weeks ago

Fresh plea in Supreme Court seeks probe into U.S. indictment of Gautam Adani

The Hindu  

A fresh plea has been filed in the Supreme Court seeking a probe into the indictment of billionaire industrialist Gautam Adani who has been indicted in the U.S. for alleged bribery and fraud, saying the move "unveiled malpractices carried out by the conglomerate". The U.S. Department of Justice has accused Mr. Adani of being part of an elaborate scheme to …

Bribery case: Fresh plea in Supreme Court seeks inquiry into US indictment of Gautam Adani
Trending News
1 month, 2 weeks ago

Bribery case: Fresh plea in Supreme Court seeks inquiry into US indictment of Gautam Adani

Live Mint  

A fresh plea has been filed in the Supreme Court seeking an inquiry into the indictment of Adani group founder and chairman Gautam Adani, who has been charged in the US for alleged bribery and fraud. The US Department of Justice has accused Gautam Adani of being part of an elaborate scheme to pay $265 million bribe to Indian officials …

Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’
1 month, 2 weeks ago

Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’

Hindustan Times  

Gautam Adani indicted: Gautam Adani of the Adani group and his nephew Sagar Adani have been summoned to explain their stand on the US Securities and Exchange Commission allegation of paying USD 265 million in bribes to secure lucrative solar power contracts, news agency PTI reported. Adani group faces bribery allegations, denies charges Gautam Adani, 62, and seven others, including …

U.S. SEC summons Gautam Adani, nephew Sagar in bribery case
1 month, 2 weeks ago

U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

The Hindu  

Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the U.S. Securities and Exchange Commission allegation of paying $265 million in bribes to secure lucrative solar power contracts. Summons have been sent to Adani’s Shantivan Farm residence in Ahmedabad and his nephew Sagar’s Bodakdev residence in the same city for …

Adani bribery case: US SEC summons Gautam Adani, Sagar Adani
Trending News
1 month, 2 weeks ago

Adani bribery case: US SEC summons Gautam Adani, Sagar Adani

Live Mint  

BENGALURU : The US Securities and Exchange Commission has issued a summons to Adani Group's founder and chairman, Gautam Adani, and his nephew and Adani Green Energy's executive director, Sagar Adani, thereby kickstarting legal proceedings in the alleged ₹2,000 crore bribery case. "We became aware of the ‘specificity’ of this two days ago," Adani Group chief financial officer Jugeshinder Singh …

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men
1 month, 2 weeks ago

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men

Associated Press  

NEW DELHI — Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. On Friday, shares in some of the Adani Group’s companies began ticking back up after they plunged a day earlier following the announcement of the charges in New York. The …

US charges against Adani, 7 others could lead to arrest warrants, extradition bid: attorney
1 month, 2 weeks ago

US charges against Adani, 7 others could lead to arrest warrants, extradition bid: attorney

Deccan Chronicle  

New York: With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts. Adani, India's second-richest man, and seven others, including his nephew Sagar Adani, have been charged by the …

Billionaire Gautam Adani indicted in US for alleged bribery scheme, White House says ‘we are confident…’
1 month, 2 weeks ago

Billionaire Gautam Adani indicted in US for alleged bribery scheme, White House says ‘we are confident…’

Live Mint  

The White House has confirmed its awareness of the bribery allegations surrounding billionaire Gautam Adani, chairman of Adani Group. Adani Group has dismissed as "baseless" the US charges that its billionaire founder, Gautam Adani, paid over $250 million in bribes. Gautam Adani Indicted in US According to US prosecutors, Gautam Adani, his nephew Sagar Adani, and six other co-defendants are …

Adani bribery case: India-U.S. ties have strong foundation; White House confident in navigating crisis over charges
1 month, 2 weeks ago

Adani bribery case: India-U.S. ties have strong foundation; White House confident in navigating crisis over charges

The Hindu  

Asserting that the relationship between India and the U.S. is built on a strong foundation, the White House has expressed confidence that it can navigate the ongoing crisis surrounding bribery charges against Indian billionaire Gautam Adani. At her daily news conference, White House Press Secretary Karine Jean-Pierre told reporters on Thursday that the administration is aware of the charges against …

Who is Sagar Adani, nephew of Gautam Adani, charged with bribery and fraud by US?
1 month, 2 weeks ago

Who is Sagar Adani, nephew of Gautam Adani, charged with bribery and fraud by US?

Hindustan Times  

Sagar Adani, the nephew of Gautam Adani, is among the seven defendants charged in a US indictment alongside the Adani Group chairperson in an alleged bribery and fraud scheme tied to a renewable energy project in India. • Sagar Adani is the son of Rajesh Adani, the brother of Gautam Adani, who has been with the Adani Group since its …

What next for billionaire Gautam Adani, charged with bribery in US?
1 month, 2 weeks ago

What next for billionaire Gautam Adani, charged with bribery in US?

Hindustan Times  

Gautam Adani, chairperson of the Adani Group, is facing criminal charges in the US for allegedly paying $250 million in bribes to Indian officials to secure contracts for India’s largest solar power project. Here’s what lies ahead for the Indian billionaire: Gautam Adani, chairperson of Indian conglomerate Adani Group, shows his inked finger after casting his vote in Ahmedabad during …

Gautam Adani indicted: White House reacts, ‘confident’ in navigating crisis
Trending News
1 month, 2 weeks ago

Gautam Adani indicted: White House reacts, ‘confident’ in navigating crisis

Hindustan Times  

Gautam Adani indicted: The White House said it is aware of the allegations against Indian billionaire Gautam Adani, chairman of Adani Group, who was indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme. US prosecutors said Gautam Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in …

Adani’s legal battle: US bribery charges could spark complex multi-jurisdictional defence
1 month, 2 weeks ago

Adani’s legal battle: US bribery charges could spark complex multi-jurisdictional defence

Live Mint  

The US indictment of billionaire Gautam Adani in a $250 million bribery case could set the stage for a lengthy legal process involving a multi-jurisdictional defence. Prakash added that Adani could invoke international legal principles to argue that the allegations should be investigated under Indian law, possibly with US assistance, under treaties like the UN Convention Against Corruption. US prosecutors …

What are US federal charges against Gautam Adani? What's next for business tycoon? EXPLAINED – India TV
Top News
1 month, 2 weeks ago

What are US federal charges against Gautam Adani? What's next for business tycoon? EXPLAINED – India TV

India TV News  

New Delhi: Billionaire Gautam Adani has been indicted by US prosecutors for allegedly conspiring with executives of a formerly New York-listed company to devise a $265 million scheme to bribe Indian officials to boost their solar energy business. US prosecutors charged Gautam Adani, his nephew Sagar Adani who is director at Adani Green, and six others with alleged bribery and …

US charges against Adani, 7 others could lead to arrest warrants, extradition bid: Attorney
Top News
1 month, 2 weeks ago

US charges against Adani, 7 others could lead to arrest warrants, extradition bid: Attorney

India TV News  

New York: With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts. Adani, India's second-richest man, and seven others, including his nephew Sagar Adani, have been charged by the …

White House on Adani bribery case: Strong ties will help weather the storm
1 month, 2 weeks ago

White House on Adani bribery case: Strong ties will help weather the storm

India Today  

The White House expressed confidence that strong ties will help India and the US navigate the turmoil in the wake of bribery and fraud charges against Indian billionaire Gautam Adani. Adani, 62, was indicted in New York along with his nephew Sagar Adani, 30, and other executives for their roles in an alleged multibillion-dollar bribery and fraud scheme to secure …

US charges against Adani, seven others could lead to arrest warrants, extradition bid: Attorney
1 month, 2 weeks ago

US charges against Adani, seven others could lead to arrest warrants, extradition bid: Attorney

New Indian Express  

Batra noted that ultimately, extradition occurs absent the rarest of circumstances, as in the case of former Chilean president Augusto Pinochet. Peace, the US Attorney for the Eastern District of New York, has announced a five-count criminal indictment against 62-year-old Adani, his nephew Sagar, an executive director at the conglomerate's renewable energy arm Adani Green Energy Ltd, and its former …

Who is Gautam Adani – Indian billionaire charged in US in $250m bribery case
1 month, 2 weeks ago

Who is Gautam Adani – Indian billionaire charged in US in $250m bribery case

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Indian billionaire Gautam Adani is …

US charges in Adani bribery case have Opposition-ruled states: BJP to Congress
1 month, 2 weeks ago

US charges in Adani bribery case have Opposition-ruled states: BJP to Congress

Hindustan Times  

States that allegedly received bribes from the Adani Group in exchange for solar power projects were ruled by Opposition parties, the Bharatiya Janata Party said on Thursday in response to Congress MP Rahul Gandhi’s claims earlier in the day that Prime Minister Narendra Modi was hand in gloves with industrialist Gautam Adani. “The way Rahul Gandhi gives statements to sensationalise …

If Adani company 'bribed' officials in India, what is the US probe all about?
1 month, 2 weeks ago

If Adani company 'bribed' officials in India, what is the US probe all about?

India Today  

Adani Group chairperson Gautam Adani was among eight people indicted by US prosecutors for allegedly paying Rs 2,029 crore in bribes to officials for solar power contracts in four Indian states and one union territory. Gautam Adani, Sagar and six others have been indicted for allegedly paying bribes to officials in India for securing solar power contracts with state electricity …

Why Gautam Adani was indicted in the U.S. over alleged $250mn bribery scheme?
1 month, 2 weeks ago

Why Gautam Adani was indicted in the U.S. over alleged $250mn bribery scheme?

The Hindu  

Federal prosecutors in New York on Thursday indicted Adani Group Chairman Gautam S. Adani, his nephew Sagar Adani, and six others on multiple counts of fraud. “This indictment alleges schemes to pay over $250 million in bribes to Indian government officials, to lie to investors and banks to raise billions of dollars, and to obstruct justice,” a press release issued …

Adani group denies bribery charge, says they are baseless
1 month, 2 weeks ago

Adani group denies bribery charge, says they are baseless

Deccan Chronicle  

New Delhi: Adani group on Thursday denied charges of paying bribe to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws.It said all possible legal recourse will be sought. "The allegations made by the US Department of Justice and the US Securities and Exchange Commission against …

‘Adani out of jail because…’: Congress ups ante as US charges billionaire with $250 million bribery
Trending News
1 month, 2 weeks ago

‘Adani out of jail because…’: Congress ups ante as US charges billionaire with $250 million bribery

Live Mint  

On Thursday, Congress leader Rahul Gandhi demanded the immediate arrest of industrialist Gautam Adani after the billionaire was implicated in a major bribery and fraud scheme in the United States. Gandhi accused Prime Minister Narendra Modi of shielding Adani, following the charges laid out by US prosecutors, which allege that Adani and his associates paid $250 million in bribes to …

Adani Group reacts to US ‘bribery’ charges against Gautam Adani: ‘Baseless’
Top News
1 month, 2 weeks ago

Adani Group reacts to US ‘bribery’ charges against Gautam Adani: ‘Baseless’

Hindustan Times  

Gautam Adani charged in US: The Adani Group on Thursday rejected charges made by United States prosecutors that its chairman Gautam Adani had paid more than $250 million in bribes to secure lucrative government contracts. "The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied," …

Adani hit with bribery charges in US
1 month, 2 weeks ago

Adani hit with bribery charges in US

ABC  

Rachel Mealey: American authorities have charged Indian billionaire Gautam Adani over his role in an alleged multi-billion dollar scheme of bribery and fraud. Luke Siddham Dundon: Today's unsealed indictment from US prosecutors alleges Gautam Adani was personally involved in a years-long scheme to bribe Indian officials to the tune of 400 million Australian dollars for favourable terms on a huge …

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