US Justice Department charges Indian billionaire Gautam Adani with fraud and conspiracy, though extradition is seen as unlikely.

The US Department of Justice has indicted Indian billionaire Gautam Adani on charges of bribing Indian officials and misleading US investors about his company's anti-corruption practices. The case, seen as strong by legal experts, charges Adani and his associates with securities fraud and conspiracy. However, extradition of Adani to the US for trial is considered unlikely due to potential challenges in securing cooperation from India. Adani Group denies the allegations and plans to pursue legal recourse.

3 months ago
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