Gautam Adani Charged by US Over Alleged $250 Million Bribery Scheme

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Gautam Adani Charged by US Over Alleged $250 Million Bribery Scheme
Indian billionaire Gautam Adani and his conglomerate, the Adani Group, are once again under global scrutiny after U.S. prosecutors indicted him and several associates on bribery charges.  The case, which has been building for some time, alleges that Adani and others paid more than $250 million in bribes to Indian government officials to secure lucrative solar energy contracts.  This indictment represents a significant escalation in the legal troubles facing one of India’s most prominent business magnates, with implications spanning both India and the United States. The Allegations The charges against Gautam Adani and seven other businessmen tied to his companies suggest a systematic effort to influence Indian government officials through bribes. The alleged scheme aimed to secure contracts for solar energy projects, a key area of expansion for the Adani Group. According to the indictment, the bribery network wasn’t limited to domestic operations. The case links these activities to the Unit…