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

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

None of Adani portfolio firms subject to any legal case: Group CFO

None of Adani portfolio firms subject to any legal case: Group CFO

Adani Group CFO Jugeshinder Singh. | Photo Credit: Reuters None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate’s CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani’s indictment on bribery charges in the US. In a post on X (formerly Twitter), Mr. Singh said the … Read more