INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
I like the efforts you have put in this, appreciate it for all the great blog posts.
ReplyDeleteExcellent site you have got here.. It's difficult to find
ReplyDeletegood quality writing like yours these days. I honestly appreciate people
like you! Take care!!
I'm really impressed with your writing skills and also with the layout on your weblog.
ReplyDeleteIs this a paid theme or did you modify it yourself?
Either way keep up the nice quality writing,
it is rare to see a nice blog like this one today.
Hello, just wanted to tell you, I liked this blog
ReplyDeletepost. It was helpful. Keep on posting!