Indian chair of Adani Group, worth about $85bn, accused of agreeing to pay bribes to obtain solar energy contracts
Gautam Adani, one of the world’s richest men, has been indicted in New York over an alleged multi-billion-dollar scheme to pay $250m in bribes and conceal the scheme from US investors.
Prosecutors charged the chair of Indian conglomerate Adani Group and two other executives of a renewable energy company with securities fraud and conspiring to commit securities and wire fraud.
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