Gautam Adani: Who is the Indian tycoon facing US bribery charges?

Quick Summary:

Adani’s fortune has been shaken by corporate fraud allegations, a stock crash and now a US indictment accusing him of orchestrating a US$265 million bribery scheme.

It claimed Adani Group had engaged in a "stock manipulation and accounting fraud scheme over the course of decades".

Gautam Adani, the billionaire behind India’s Adani Group, has built an empire spanning coal, airports, cement and media, propelling him to fame as one of the wealthiest people alive.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaIndiaIndonesiaSri Lanka

Topics: Gautam India Indian Fraud Bribery Energy Been Tycoon Billion Adani Group

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 17:07:09 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1526 words

Reading Time: 9 minutes read

Sentences: 61 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23734820

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Main Topics: EconomyBusiness

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