U.S. prosecutors have charged Indian billionaire Gautam Adani and seven associates in connection with a $265 million bribery scheme aimed at securing solar energy contracts in India. The indictment alleges they paid bribes to government officials to obtain contracts expected to generate $2 billion in profits over the next two decades. Adani and his co-defendants face multiple charges, including securities fraud and wire fraud conspiracy, fueling concerns about corporate ethics and governance within the Adani Group. These charges have cast a spotlight on the company’s business practices and raised broader questions about corporate accountability.
Source : Business Inspection BDÂ
