SEC and DOJ Charge Adani for Massive Bribery Scheme in India
Whistleblower Network News
NOVEMBER 25, 2024
On November 20, the U.S. Securities and Exchange Commission (SEC) and Department of Justice (DOJ) announced charges against Indian billionaire Gautam Adani, his nephew Sagar Adani, business associate Cyril Cabanes, and other senior business executives in connection with an alleged $250 million bribery scheme. According to the U.S. authorities, Adani and his business associates orchestrated a bribery scheme to enable their two renewable energy companies, Adani Green Energy and Azure Power Global,
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