Indian tycoon indicted in US for alleged fraud at home ...News

US Prosecutors have accused billionaire Gautam Adani of bribing Indian government officials to win solar power contracts US prosecutors on Wednesday indicted Indian billionaire Gautam Adani, chairman of Adani Group, for allegedly paying $250 million in bribes to Indian government officials to secure “lucrative” solar power contracts with electricity distribution companies. In its indictment, the federal court in Brooklyn named Adani – along with his nephew Sagar Adani, who heads Adani Green Energy, the renewable energy arm of the conglomerate, and its managing director Vneet S. Jaain – for their alleged “roles in

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Indian tycoon indicted in US for alleged fraud at home ...News

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