adani indictment

U.S. case against India’s Gautam Adani appears strong but extradition unlikely, experts say

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U.S. case against India’s Gautam Adani appears strong but extradition unlikely, experts say

Indian billionaire Gautam Adani. | Photo Credit: Reuters The U.S. fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be extradited to stand trial anytime soon. Federal prosecutors in Brooklyn last month unsealed an … Read more

Gautam Adani faces five-count criminal indictment in U.S. for bribery, security fraud

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Gautam Adani faces five-count criminal indictment in U.S. for bribery, security fraud

Gautam Adani. Files | Photo Credit: Reuters The U.S. Department of Justice (DoJ) has issued a five-count criminal indictment of Gautam Adani, chairman of the Adani Group, and several of his business associates. The charges include promising more than $250 million in bribes to Indian government officials to secure solar energy contracts, conspiracies to commit … Read more