Authorities in India have accused Gautam Adani, his nephew Sagar Adani, and Vneet Jaain of orchestrating millions in bribes to government officials. This led to a $2 billion solar energy supply contract for Adani Green Energy, involving corrupt officials who allegedly pocketed $250 million in bribes. National Students Union of India members protested against Adani, calling for his arrest.
Last week, authorities accused Gautam Adani , 62, along with two other executives at Adani Green Energy — his nephew, Sagar Adani, and a man named Vneet Jaain — of orchestrating millions in bribes to various Indian government officials between 2020 and 2024.“Less than two weeks back, we faced a set of allegations from the U.S. about compliance practices at Adani Green Energy ,” Adani said Saturday while speaking at an awards ceremony in Jaipur, India.
Prosecutors said the renewable energy company also raised more than $3 billion in loans and bonds during this period on the basis of false and misleading statements.
Gautam Adani Bribery Adani Green Energy Indian Government Protest
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