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US SEC issues summons for India's Adani, nephew
US SEC issues summons for India's Adani, nephew on bribery allegations
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal indictment against him, a court filing showed.
Adani Summoned by US SEC to Explain Position in Bribery Case
Indian billionaire Gautam Adani and his nephew, Sagar Adani, were summoned by the US Securities and Exchange Commission to explain allegations that they paid more than $250 million in bribes to win solar-power contracts,
Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’
Gautam Adani and seven others have been accused of paying USD 265 million in bribes to Indian government officials to secure solar energy contracts.
Adani, Indian Prime Minister
Adani's indictment: How one of India's biggest empires descended into chaos
The 62-year self-made Indian billionaire expanded his empire through deals and the backing of Indian Prime Minister Narendra Modi, according to Forbes. Modi has been accused by opposition leader Rahul Gandhi for assisting the Adani Group in securing contracts in Sri Lanka, India and Australia.
Everything we know about US indictment of Indian billionaire Gautam Adani
Federal prosecutors in Brooklyn, New York, unsealed the five-count indictment on Wednesday, alleging Mr Adani and seven other associates, including nephew Sagar Adani, bribed Indian public officials,
Indian billionaire Gautam Adani’s business empire at risk amid U.S. indictment for fraud, bribery
Adani, a major power player in India perceived as close to Prime Minister Narendra Modi, was charged on Wednesday by U.S. prosecutors with securities fraud and conspiracy to commit securities and wire fraud.
The Economist
50m
The Adani scandal creates a storm for Narendra Modi
F or India’s prime minister, Narendra Modi, it should have been the perfect prelude to the winter session of parliament. Two ...
2h
on MSN
US Agency Conducting Due Diligence on Adani’s Sri Lanka Project
A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still ...
49m
3 charges, 4 names, and a $250M bribe charge: The full story behind Gautam Adani's US crisis
The charges allege that Adani and other defendants promised bribes to Indian government officials to secure solar energy ...
1d
on MSN
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...
30m
Why what GQG does matters more for Adani Group stocks than what the US Courts do
GQG's $10 billion stake in Adani Group stocks holds more weight than US Courts decisions, impacting market stability.
13h
on MSN
How Adani Bribe Case Will Test the Long Arm of US Law
US prosecutors face steep legal and diplomatic hurdles in their bid to imprison billionaire Gautam Adani for allegedly ...
1h
US Agency Conducting Due Diligence on Adani's Sri Lanka Project, Bloomberg Reports
(Reuters) - A U.S. agency that agreed to lend more than $500 million to a Sri Lanka port development backed by the Adani ...
8m
SEBI completes all 24 investigations in Adani-Hindenburg case
SEBI completes 24 investigations in Adani-Hindenburg case, set to submit final report; market experts urge quick release of ...
34m
on MSN
US agency conducting due diligence on Adani's Sri Lanka project: Report
Last November, the agency said it would provide $553 million in financing for the port terminal project in Colombo, the ...
55m
on MSN
Rising geopolitical tensions, Adani ‘bribery’ case add to Indian market's woes — expert advice
The heightened geopolitical tensions, compounded by nuclear threats from President Putin, triggered instability in global ...
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