News Track: Adani Group Faces US Charges In $2bn Fraud, Bribery Allegation | India Today
Автор: India Today
Загружено: 2024-11-21
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The Adani Group, led by Gautam Adani, is embroiled in a controversy over allegations of a $2 billion fraud and bribery scheme, which has resulted in charges being filed in the US. The group is accused of paying $265 million in bribes to Indian officials to secure solar energy contracts, a violation of Indian and SEBI laws. The charges, passed by a grand jury following a two-year investigation, have led to a significant drop in Adani Group shares, the cancellation of a $700 million deal with Kenya, and raised concerns about the group's ability to raise funds internationally and its competitiveness in auctions. The group has denied the allegations, pledging to legally fight the charges, and has sparked political controversy in India, with opposition leaders demanding an investigation. #uscharges #adanigroup #competitiveness #itwebvideos #indianofficials #indiatoday #solarenergycontracts #fraud #sebilaws #sharedrop #internationalfunds #bribery #auctions #briberyallegations #kenya
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