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Forbes
20 Nov 2024
Indian billionaire Gautam Adani—the world’s 22nd-richest person—was indicted in New York on Wednesday, in connection with what prosecutors called a large-scale bribery scheme that sought to pay hundreds of millions of dollars to Indian officials to secure lucrative government energy supply contracts.
Adani and other executives of the Indian Energy Company were named in the indictment. (Photo by ... [+]
Adani and other executives of the Indian Energy Company were charged with conspiracy to commit securities and wire fraud and substantive securities fraud for their alleged roles in the scheme.
This is a developing story. Check back for updates.