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Sagar Adani

SEBI Probes Adani Bribery Disclosures

22 Nov 2024

India's Securities and Exchange Board (SEBI) is scrutinizing Adani Green Energy Ltd. for potential disclosure lapses concerning a U.S. Department of Justice (DOJ) bribery investigation. The probe focuses on whether Adani Green adequately informed investors about the DOJ's inquiry, especially regarding the involvement of individuals associated with the Adani Group....

Sagar Adani Charged in US Bribery and Fraud Case: Who is He?

22 Nov 2024

Sagar Adani, the nephew of Indian billionaire Gautam Adani, is one of seven defendants charged in a U.S. indictment related to an alleged bribery and fraud scheme. The charges are connected to a renewable energy project in India, where Adani and others are accused of paying bribes to secure contracts....

White House Acknowledges Allegations Against Gautam Adani

22 Nov 2024

The White House has addressed allegations against Indian billionaire Gautam Adani. US prosecutors indicted him in New York for his alleged involvement in a massive bribery and fraud scheme. Details of the Accusations Prosecutors accused Gautam Adani and seven others, including his nephew Sagar Adani, of paying $265 million in...