US authorities expand probe into Adani Group, focusing on potential bribery and founder Gautam Adani.
US authorities are expanding their probe into India's Adani Group, focusing on potential bribery and the conduct of its billionaire founder, Gautam Adani. The investigation, led by the US Attorney's Office for the Eastern District of New York and the Justice Department's fraud unit, is examining whether an Adani entity or individuals linked to the company were involved in paying Indian officials for favorable treatment on an energy project. The probe also includes Indian renewable energy company Azure Power Global.
March 15, 2024
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