Gautam Adani faces charges for securities law violations, Adani Green says

Quick Summary:

BENGALURU : Indian billionaire Gautam Adani has been charged in the United States for alleged securities law violations and faces potential fines but has not been charged under the U.S.

Foreign Corrupt Practices Act, Adani Green Energy said on Wednesday.

SEC complaint "prays for an order directing the defendants to pay civil monetary penalties (but) it does not quantify the amount of penalty".

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Article Details

Category: EconomyBusiness

Markets: SingaporeIndiaUnited States

Topics: Adani Been Indictment File Charged Green Securities Fraud Indian Billionaire Alleged

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 15:00:53 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23902704

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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