US SEC issues summons for India's Adani, nephew on bribery allegations

Quick Summary:

The U.S.the Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S.bribery allegations related to a bombshell federal indictment against him, a court filing showed.

The group has denied the criminal charges as "baseless".

The SEC suit seeks unspecified monetary penalties and restrictions on the Adanis from serving as officers of listed companies.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeIndiaIsraelKenya

Topics: Sagar January Federal Billionaire Gautam 2023 Port Haifa Indian Group Adani

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-24 @ 18:22:40 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23791145

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 2 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 21 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions