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

Quick Summary:

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

The summons requires an answer within 21 days, according to the filing dated Wednesday (Nov 20) in federal court in the Eastern District of New York.

The crisis is the second in two years to hit the ports-to-power conglomerate founded by Adani, 62, one of the world's richest people.

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Category: EconomyBusiness

Markets: SingaporeIndiaIsraelKenyaUnited States

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

Source Website Secure: Yes (HTTPS)

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Article Type: News Report

Published On: 2024-11-24 @ 18:22:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 16 lines

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