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Adani Group's $250M Bribery Scandal Exposed. Negative for daani stocks
Автор: Longterm Equity Investment Ideas
Загружено: 2024-11-20
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Negative for Adani Group Srocks
Gautam Adani charged by US over alleged $250 million bribe plot
Federal prosecutors alleged on Wednesday that Adani, one of the world’s richest people, and other defendants promised to pay more than $250 million in bribes to Indian government officials to win solar energy contracts, and concealed the plan as they sought to raise money from US investors.
The five-count indictment also accuses Gautam’s nephew Sagar R Adani and Vneet S Jaain, both executives at an Indian renewable-energy company, of breaking federal law
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