What Are the Allegations Against Gautam Adani in the US Bribery Scandal?

Gautam Adani, along with his nephew and six others, has been charged by US prosecutors for allegedly paying Rs 2,029 crore ($265 million) in bribes to Indian government officials to secure solar power contracts. The bribes, paid between 2020 and 2024, were hidden from US banks and investors. This case follows a 2023 report accusing the Adani Group of fraud and stock manipulation.

By Avi G

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