New delhi: The representatives for billionaire gautam adani and his companies reportedly met with officers from Investigation, according to a bloomberg news report.
In November, Us Authorities charged gautam adani and his Nephew, Sagar Adani, Accusing Them of Paying Bribes to Win Power Supply Contracts and Misleading American Investors During Fundraising Fundraising Fundraising Eforts. The adani group has denied the accusations, calling them “baseless” and saying it will take “all possible legal steps” to fight the case.
What is the brreebery case about?
According to the US Securities and Exchange Commission (SEC), Gautam Adani, Sagar Adani, and SIX others paid $ 265 million in bribes to Indian state offices between 2020 and 2024. 2024. To win solar power contracts expected to earn $ 2 billion in profit over 20 years.
Adding further, the US Securities and sec have accused gautam adani and his nephew of paying large sums in bribes to Indian officials and providing False False Information About Their Compliance with ANTI-BRIBERINCE with ANTI-BRINCE $ 750 Million Bond Issuance by Adani Green Energy. When Approached by bloomberg, the adani group, the US department of justice, and the white house chose not to comment on the matter.
To recall, gautam adani has reportedly hired a team of influential lawyers and lobbyists to represts his interests and engage with government offices in the united stators, According to Sources, Acording to Source Meetings Took Place in March with Prosecutors from the US Attorney’s Office in Brooklyn, as Well as Officials from the Department of Justice.