Categories: Bribery in Business

What’s behind the US indictment of Indian billionaire Gautam Adani? | DW News



Indian billionaire Gautam Adani, one of the world’s richest people, has been indicted on multiple counts of fraud in the US. The criminal charges are related to his alleged role in a scheme to bribe officials in India. Prosecutors say he and other senior executives paid more than 250 million dollars to win contracts for his renewable energy company. His Adani Group has issued a statement describing the allegations as baseless.

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