New Delhi: The representatives for billionaire Gautam Adani and his corporations reportedly met with officers from america President Donald Trump’s management to request the dismissal of felony fees in opposition to Adani in a bribery investigation, consistent with a Bloomberg News file.
In November, US government charged Gautam Adani and his nephew, Sagar Adani, accusing them of paying bribes to win energy provide contracts and deceptive American traders all over fundraising efforts. The Adani Group has denied the accusations, calling them “baseless” and pronouncing it’ll take “all possible legal steps” to battle the case.
What Is the Bribery Case About?
According to the U.S. Securities and Exchange Commission (SEC), Gautam Adani, Sagar Adani, and 6 others paid $265 million in bribes to Indian state officers between 2020 and 2024. These bills have been allegedly made to win solar energy contracts anticipated to earn $2 billion in benefit over 20 years.