Jan, 5 2025
Gautam Adani Accused of Bribery in $250 Million Scheme: Unveiling the Case
Gautam Adani, chairman of the Adani Group, is accused by U.S. authorities of orchestrating a $250 million bribery scheme involving senior executives. The allegations suggest that substantial bribes were offered to Indian officials to secure substantial energy contracts, misleading U.S. investors by falsifying compliance records. The charges highlight failures in anti-bribery procedures and raise questions on corporate governance within the Adani Group.
