Following the Gautam Adani’s indictment successful the U.S. implicit an alleged multi-billion-dollar fraud scheme, a New York justice has issued a warrant for Mr . Adani’s arrest, media reports said.
Gautam Adani U.S. indictment LIVE updates: Adani dollar bonds tumble aft 250 cardinal bribery scheme
According to ABC News, quoting tribunal records, the apprehension warant volition beryllium fixed to overseas instrumentality enforcement authories.
Earlier, the U.S. Securities and Exchange Commission (SEC) has charged billionaire Gautam Adani, laminitis and president of the Adani Group, with allegedly defrauding American investors and bribing officials. The SEC alleged that the bribery strategy was orchestrated to alteration renewable vigor companies Adani Green and Azure Power to capitalise connected a multi-billion-dollar star vigor task awarded by the Indian government
More details are awaited.
Published - November 21, 2024 10:04 americium IST