Indian billionaire Gautam Adani indicted over alleged bribery, hiding scheme from US investors

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Indian billionaire Gautam Adani indicted over alleged bribery, hiding scheme from US investors
World NewsBriberyGautam Adani
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The US Attorney’s Office in Brooklyn said Gautam Adani and two others agreed between 2020 and 2024 to pay more than $250 million in bribes to Indian government officials to obtain solar energ…

The US Attorney’s Office in Brooklyn said Adani, along with two other executives of an India n renewable energy company, agreed between 2020 and 2024 to pay more than $250 million in bribes to India n government officials to obtain solar energy supply contracts expected to yield $2 billion in profits.

The US Attorney’s Office in Brooklyn said Gautam Adani and two others agreed between 2020 and 2024 to pay more than $250 million in bribes to Indian government officials to obtain solar energy supply contractsThe renewable energy company, which prosecutors did not name, also raised more than $3 billion in loans and bonds during this period on the basis of false and misleading statements, prosecutors said.

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