Will Gautam Adani go to JAIL??? #informative #gautamadani #shorts #news #adani #adanigroup #short
34Gautam Adani is being targeted to be sent to jail in America. Gautam Adani, the Chairman of the Adani Group, along with 7 other executives, has been accused of bribery worth more than ₹2,000 crore.
This list also includes Gautam Adani’s nephew, Sagar Adani, who has been charged with bribery and corruption by the US Securities and Exchange Commission and the US Department of Justice.
The allegations claim that they paid over $250 million in bribes to Indian government officials. And this scam was allegedly concealed by Adani Group companies from US-based investors and banks to raise $175 million in funds and secure billion-dollar contracts.
These allegations are mainly related to Adani Green Energy and Azure Power. As a result, Adani Green Energy has also halted its $600 million bond deal.
The Adani Group’s market cap saw a loss of ₹2.24 lakh crore, and Gautam Adani’s net worth fell by 17%.
Although the Adani Group has denied all these allegations, calling them false and “baseless,” and has stated that they will take legal action, questions are once again being raised about Gautam Adani’s close relationship with PM Modi.
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