Tag: Gautam Adani

US judge ends graft case against India’s Adani after Trump administration drops charges

US judge ends graft case against India’s Adani after Trump administration drops charges

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A US federal judge has formally closed the bribery and fraud case against Indian billionaire Gautam Adani, bringing an end to a high-profile legal battle that had drawn attention across India and the United States. The decision came after the Trump administration moved to abandon allegations that Adani and others were involved in a US$265 […]

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Gautam Adani Indicted in U.S. on Bribery and Securities Fraud Charges

Gautam Adani Indicted in U.S. on Bribery and Securities Fraud Charges

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The U.S. Department of Justice (DoJ) has unveiled a five-count criminal indictment against Gautam Adani, chairman of the Adani Group, and several associates. The charges allege bribery exceeding $250 million to Indian government officials for securing solar energy contracts, conspiracies involving securities and wire fraud, and a massive scheme to mislead U.S. investors and global […]

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