Key events in Gautam Adani's US indictment over alleged bribery scheme

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NEW DELHI : Indian billionaire Gautam Adani has been indicted by U.S.prosecutors for his alleged role in a $265 million bribery scheme in India, plunging his conglomerate deep into crisis for the second time in two years.

Gautam, his nephew Sagar Adani, and Adani Green Energy Ltd former CEO Vneet Jaain were charged with violating securities and wire fraud laws, and the Adanis were also charged by the U.S.

Gautam, Jaain and Sagar met Azure's consultant Rupesh Agarwal and another executive, and the Adanis presented "multiple options" for Azure to Adani Green.

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Category: EconomyBusiness

Markets: SingaporeIndia

Topics: Scheme Indian Power Green Energy Azure Sagar Solar Gautam Seci Adani

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 18:36:30 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 667 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23735308

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