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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
Nov 24 (Reuters) - The U.S. the 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. The SEC is suing ...
Adani Group Chairman Gautam Adani and Nephew Sagar Adani Summoned by US SEC Over $265 Million Bribery Scheme
Adani's Shantivan Farm home in Ahmedabad and his nephew Sagar's Bodakdev home in the same city have received summonses to respond to the SEC within 21 days.
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,
Adani, India
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
Indian billionaire Gautam Adani has been slapped with criminal fraud charges in the US for allegedly orchestrating a $250m (£198m) bribery scheme to secure lucrative renewable energy contracts in his home country.
After Adani's indictment rocks his empire, what comes next?
An indictment marks the start of legal proceedings and not a declaration of guilt. A grand jury formally charges someone with a crime by issuing an indictment. This does not prove guilt, but it shows sufficient evidence exists to press charges.
22h
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, ...
8h
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 ...
devdiscourse
47m
Supreme Court Urged to Investigate Gautam Adani Indictment
A new plea in the Supreme Court has been filed, asking for an investigation into billionaire Gautam Adani's indictment. The ...
2d
on MSN
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon and one of Asia's richest men, Gautam Adani, may be facing his biggest challenge yet with an indictment by U.S.
18h
on MSN
Adani CFO Says US Charges Linked to Only One Business Contract
NEW DELHI (Reuters) -A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green ...
ThePrint
47m
Bangladesh seeks to review major energy projects including one with India’s Adani Group
A review committee formed by Bangladesh’s interim government on Sunday recommended engaging an investigation agency to examine power agreements signed by deposed prime minister Sheikh Hasina’s regime ...
The Financial Times
11h
Fate of Adani alleged bribery case could hang on Trump presidency
To the public, Gautam
Adani
is the Indian billionaire who has built a powerful conglomerate stretching across mining, ports ...
16h
Indian Solar Agency Brushes Off Bid at Heart of Adani Crisis
The Indian agency leading the solar-energy auction at the heart of billionaire Gautam Adani’s indictment by US prosecutors ...
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