Gautam Adani, nephew Sagar Adani summoned by US SEC in 5 million bribery case

Gautam Adani, nephew Sagar Adani summoned by US SEC in $265 million bribery case

Gautam Adani and seven other defendants allegedly consented to pay approximately $265 million in bribes. Gautam Adani, the founder and chairman of Adani group, along with his nephew Sagar Adani, have received summons regarding the US Securities and Exchange Commission’s (SEC) claims about paying $265 million (Rs 2,200 crore) in bribes for obtaining profitable solar…

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Gautam Adani US indictment: Adani Group CFO says, ‘none of the 11 public companies are subject to…’

Gautam Adani US indictment: Adani Group CFO says, ‘none of the 11 public companies are subject to…’

The United States Department of Justice (DoJ) has filed charges against industrialist Gautam Adani. Days after the US indictment of Gautam Adani and other individuals, Adani Group CFO Jugeshinder Singh has said that the bribery indictment pertains to a single contract at Adani Green Energy. According to a Reuters report, the Adani Group CFO said…

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Who is Sagar Adani, accused of bribery and fraud charges along with Gautam Adani in the US?

Who is Sagar Adani, accused of bribery and fraud charges along with Gautam Adani in the US?

Sagar Adani, nephew of Gautam Adani, is among the others who have been facing allegation of fraud and bribery in the United States.He with other co-defendants, has been charged by US prosecutors with allegedly paying over $250 million in bribes between 2020 and 2024 to Indian government officials to secure solar energy contracts. These contracts…

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