US prosecutors charge Indian billionaire Gautam Adani with fraud over alleged bribery in solar contracts.

Indian billionaire Gautam Adani has been charged by US prosecutors with securities fraud and conspiracy to commit securities and wire fraud. Adani allegedly defrauded investors by concealing a bribery scheme involving over $250 million to secure solar energy contracts in India. The US Department of Justice and the Securities and Exchange Commission have filed charges against Adani, accusing him of misleading U.S. investors.

November 20, 2024
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