Indian billionaire Gautam Adani faces US charges in $250M bribery scandal
By Craig Nigrelli (Anchor), William Jackson (Producer), Kaleb Gillespie (Video Editor)
Indian billionaire Gautam Adani, one of the world’s wealthiest individuals, is under investigation by U.S. authorities for alleged bribery and fraud. Prosecutors accuse Adani and seven others of paying $250 million in bribes to Indian officials to secure lucrative solar energy contracts projected to generate over $2 billion in profits.
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Gautam Adani charged with defrauding investors; hiding plan to bribe Indian officials, says U.S.
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Untracked Bias
Indian billionaire is accused by US prosecutors of bribery and fraud
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Click to see story on Minute MirrorVindicates demand for JPC probe: Cong on charges against Adani in US – Greater Kashmir
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Click to see story on Pakistan Live NewsUSA v. Gautam Adani et al: Criminal Indictment (‘$265M Bribery & Securities Fraud’) – OffshoreAlert
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Click to see story on Orissa POSTRahul Gandhi Demands Adani’s Immediate Arrest, Probe Against Sebi Chief
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Click to see story on awazthevoice.inU.S. charges Indian billionaire with defrauding investors, hiding bribery scheme – TPR: The Public’s Radio
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Click to see story on NewsPointWorldIndian billionaire Gautam Adani indicted in US for role in a multi-billion-dollar fraud scheme – People Daily
Click to see story on peopledaily.digitalBillionaire Gautam Adani charged with fraud, bribery in New York
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Click to see story on pv magazine International‘Why Are CBI and SEBI Silent on Gautam Adani?’ Rahul Gandhi Raises Question on Latest Fraud Revelation
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Click to see story on blkalerts.comAdani Paid $265 Million In Bribes To Indian Officials, Says US Indictment
Click to see story on stratnewsglobal.comArrest Adani Now, Demands Rahul Gandhi – Clarion India
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Click to see story on Goa ChronicleAdani Green scraps USD 600 million bond sale after promoter charged in alleged bribery case in US – Connected to India News I Singapore l UAE l UK l USA l NRI
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Click to see story on newsindiatimes.comGautam Adani: Billionaire Indian Tycoon Facing US Bribery Charges
Click to see story on ibtimes.co.zaPeople Matters – Interstitial Site — People Matters
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Click to see story on Latest Breaking News | Celebrity News and Gossip | StackumbrellaU.S. Charges Indian Billionaire Gautam Adani in Bribery Case
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Click to see story on coastaldigest.comBillionaire Gautam Adani Charged in New York With Multi-billion-dollar Fraud and Bribery Scheme – American Kahani
Click to see story on American KahaniGautam Adani Charged with $250M Fraud in US: Allegations Shake Indian Business Tycoon
Click to see story on WorldopressUS Charges Gautam Adani With Fraud Over Bribery Scheme
Click to see story on adherents.comAccording to the U.S. Department of Justice (DOJ), Adani and his associates used corrupt practices to win contracts for India’s largest solar power plant and misled U.S. investors and lenders in the process.
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Evidence presented in court includes detailed tracking of bribes, financial summaries and digital records. Prosecutors also allege that Adani personally met with government officials to advance the scheme.
The charges include securities fraud and wire fraud conspiracy. Arrest warrants have been issued, though Adani remains in India. The Adani Group has denied the allegations, describing them as “baseless.”
In a separate civil case, the Securities and Exchange Commission (SEC) alleges that Adani and others misrepresented their anti-corruption practices to investors. U.S. authorities claim the alleged bribery and fraud schemes helped secure financing, including $175 million from U.S. investors.
This is not the first controversy involving Adani’s business empire. Last year, a U.S. short-seller accused the conglomerate of stock manipulation and fraud, resulting in billions of dollars in lost market value, according to CNN.
The latest charges have triggered a sharp decline in Adani’s companies’ stock values, with shares losing nearly $30 billion in a single day. A planned $600 million bond sale was also canceled.
The case has sparked political fallout in India, with opposition parties calling for a parliamentary investigation. Critics allege favoritism by Prime Minister Narendra Modi’s government toward Adani, a claim both Modi and Adani deny.
AN INDIAN BILLIONAIRE AND ONE OF THE WORLD’S RICHEST MEN, IS AT THE CENTER OF A U.S. BRIBERY AND FRAUD INVESTIGATION. PROSECUTORS ACCUSE GAUTAM ADANI AND SEVEN OTHERS OF PAYING $265 MILLION IN BRIBES TO INDIAN OFFICIALS TO SECURE LUCRATIVE SOLAR ENERGY CONTRACTS EXPECTED TO GENERATE OVER $2 BILLION IN PROFITS.
THE DEPARTMENT OF JUSTICE (DOJ) ALLEGES ADANI AND HIS ASSOCIATES USED CORRUPTION TO WIN CONTRACTS FOR INDIA’S LARGEST SOLAR POWER PLANT WHILE MISLEADING U.S. INVESTORS AND LENDERS. COURT DOCUMENTS CITE EVIDENCE SUCH AS DETAILED TRACKING OF BRIBES, FINANCIAL SUMMARIES, AND DIGITAL RECORDS. PROSECUTORS ALSO ALLEGE ADANI PERSONALLY MET WITH OFFICIALS TO FURTHER THE SCHEME.
THE CHARGES INCLUDE SECURITIES FRAUD AND WIRE FRAUD CONSPIRACY. ARREST WARRANTS HAVE BEEN ISSUED, THOUGH ADANI REMAINS IN INDIA. THE ADANI GROUP HAS DENIED THE ALLEGATIONS, CALLING THEM “BASELESS.”
IN A PARALLEL CIVIL CASE, THE SECURITIES AND EXCHANGE COMMISSION (SEC) CLAIMS ADANI AND OTHERS MISREPRESENTED THEIR ANTI-CORRUPTION PRACTICES TO INVESTORS. U.S. AUTHORITIES SAY THE ALLEGED BRIBERY AND FRAUD SCHEMES WERE USED TO SECURE FINANCING, INCLUDING $175 MILLION FROM U.S. INVESTORS.
THIS ISN’T THE FIRST TIME ADANI’S BUSINESS EMPIRE HAS FACED SCRUTINY. LAST YEAR, A U.S. SHORT-SELLER ACCUSED THE CONGLOMERATE OF STOCK MANIPULATION AND FRAUD, WIPING OUT BILLIONS IN MARKET VALUE.
THE NEW CHARGES HAVE DEALT ANOTHER BLOW TO ADANI’S COMPANIES, WITH SHARES PLUMMETING $30 BILLION IN A SINGLE DAY. A PLANNED $600 MILLION BOND SALE WAS ALSO CANCELED.
THE SCANDAL IS REVERBERATING IN INDIA, WHERE OPPOSITION PARTIES ARE DEMANDING A PARLIAMENTARY INVESTIGATION. CRITICS HAVE ACCUSED PRIME MINISTER NARENDRA MODI’S GOVERNMENT OF FAVORING ADANI, A CLAIM BOTH MODI AND ADANI DENY.
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Gautam Adani charged with defrauding investors; hiding plan to bribe Indian officials, says U.S.
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Indian billionaire is accused by US prosecutors of bribery and fraud
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Click to see story on BreezyScrollUS prosecutors charge Gautam Adani and others in alleged Solar Energy contract bribery case
Click to see story on KalingaTVGautam Adani, Indian billionaire industrialist, charged with bribing officials US$250m for solar energy contracts
Click to see story on AlKhaleej TodayIndian billionaire Gautam Adani charged in US over $250 million bribery case
Click to see story on MM News TVUS charges Indian billionaire Gautam Adani in bribery case
Click to see story on MondialNewsBillionaire Gautam Adani charged with USD 250 million bribery fraud in US
Click to see story on Sambad EnglishIndian billionaire Gautam Adani charged in US over $265 million bribery scheme
Click to see story on The CitizenJKIA-Linked Billionaire Adani Charged Over Bribery
Click to see story on Kenya Times Trending, Breaking News and VideosWho is Sagar Adani? Gautam Adani’s Nephew Facing US Bribery Probe
Click to see story on NewsXAdani Group denies US bribery charges as baseless, vows legal action – ChiniMandi
Click to see story on ChiniMandiUS charges Indian billionaire Gautam Adani with bribery scheme, fraud – Pakistan Observer
Click to see story on Daily Pakistan Observer –US charges billionaire Gautam Adani in $265m bribery case
Click to see story on AGBIBillionaire Gautam Adani of India’s Adani Group charged in US with bribery; bond deal pulled – LankaXpress
Click to see story on LankaxpressUS charges Indian billionaire with fraud
Click to see story on GBC Ghana OnlineGautam Adani News: Adani committed a scam of 2000 crores, arrest him- Rahul Gandhi
Click to see story on Zoom NewsGautam Adani: Asia’s Second-Richest Man Faces U.S. Charges Over Alleged Solar Energy Bribery Scheme – CEOWORLD magazine
Click to see story on CEOWORLD magazineUS Authorities Charge Billionaire Gautam Adani for Bribery, Fraud
Click to see story on Regulation AsiaIndian Billionaire Gautam Adani and Executives Indicted in Multi-Billion-Dollar Fraud Scheme Involving Bribes for Solar Energy Contracts – South Asian Daily
Click to see story on – South Asian Daily where south asians meet dailyUS indicts Gautam Adani in US$250M bribery scandal linked to Indian solar energy contracts
Click to see story on The Online CitizenAdani shares crash up to 20% after Gautam Adani indicted in US on bribery, fraud charges – GAGA INDIA
Click to see story on GAGA INDIABillionaire Gautam Adani charged in US with bribery, fraud
Click to see story on NTV KenyaCNBC: Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York – The Loadstar
Click to see story on The LoadstarH2-View News: US indicts Gautam Adani over $265m renewable energy bribery scheme
Click to see story on H2 Energy GroupAdani Stocks Plunge After US Charges For Bribery, Fraud
Click to see story on Asia FinancialGautam Adani faces five-count felony indictment in U.S. for bribery, safety fraud
Click to see story on PRAYAGRAJ EXPRESS NEWSAdani calls US allegations ‘baseless,’ to seek all possible legal recourse
Click to see story on pv magazine IndiaIndian billionaire Gautam Adani charged in $250 million bribery scheme
Click to see story on illuminem.comIndian tycoon Gautam Adani indicted for corruption by American justice – News 7
Click to see story on News7Gautam Adani is in Kenya; the US indicted him in $250M fraud
Click to see story on BANA KENYA -BANA NEWS | ENTERTAINMENT | BREAKING NEWS| SPORTS | OPINIONS | FASHION | LIFESTYLEFollowing US indictments, the Adani Group in India loses $22 billion in value.
Click to see story on SRIWhy is Indian Billionaire Gautam Adani Accused of Bribery in the US?
Click to see story on Pakaffairs.pkBig Scandal: Gautam Adani Charged in US with Defrauding Investors and Bribing Officials
Click to see story on Zee News LiveAdani to bribe his own shareholders to stop them from selling his stock, aiming to prevent further downfall
Click to see story on TheFauxyAdani Group Under Fire: Billionaire Charged in $250 Million Bribery Scandal
Click to see story on The Business AchieverUS charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
Click to see story on Bradford TodayIndian billionaire Adani charged in New York with bribery and fraud for misleading investors
Click to see story on 星島頭條網Shares in India’s Adani Group plunge 20% after US bribery, fraud indictments
Click to see story on thealbertan.comThe United States has accused Indian billionaire Gautam Adani of fraud. He allegedly orchestrated a $250 million bribe scheme
Click to see story on Aleph NewsAdani Scam: Revanth In Trouble?
Click to see story on m9.newsWho is Sagar Adani? What are the allegations against Gautam Adani’s nephew
Click to see story on NEWS9 LIVEUS charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
Click to see story on Oakville NewsWhat are the US government’s charges against Gautam Adani?
Click to see story on Bar & BenchIndian tycoon Adani charged in US over fraud
Click to see story on rthk.hkIndian billionaire Gautam Adani charged in US over $265 million in bribes
Click to see story on www.ertnews.grAdani Group Denies Bribery Charge, Says They Are Baseless
Click to see story on Kashmir ObserverIndia opposition leader demands tycoon Adani’s arrest after US charges
Click to see story on Macau BusinessUS indicts Indian Billionaire Gautam Adani, issues arrest warrant
Click to see story on Minute MirrorVindicates demand for JPC probe: Cong on charges against Adani in US – Greater Kashmir
Click to see story on Greater KashmirIndia’s Adani Group sees $22 billion in value wiped off after US indictments – Regional Media News
Click to see story on regionalmedianews.comIndian Billionaire Gautam Adani Indicted For ‘Massive Fraud’ And ‘Multi-Billion Dollar’ Bribery Scheme – altnews.org
Click to see story on altnews.orgAdani stocks plummet, bond offering pulled as Gautam Adani faces US bribery allegations: what’s next?
Click to see story on InvezzWhy Is Indian Tycoon Gautam Adani Facing US Bribery Charges? – Pakistan Live News
Click to see story on Pakistan Live NewsUSA v. Gautam Adani et al: Criminal Indictment (‘$265M Bribery & Securities Fraud’) – OffshoreAlert
Click to see story on offshorealert.comRahul Gandhi seeks Adani’s immediate arrest, probe against SEBI chief – OrissaPOST
Click to see story on Orissa POSTRahul Gandhi Demands Adani’s Immediate Arrest, Probe Against Sebi Chief
Click to see story on dailyexcelsior.comUS charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
Click to see story on Western InvestorBJP Targets Congress Over Congress Rahul Gandhi Statement On Gautam Adani Bribery Charges In America Ann | Gautam Adani Fraud Case: Cross Over Adani! BJP’s retaliation on Congress’s allegations, says
Click to see story on Asian NewsAfter the charges against the controlling owner: falls of up to 20% in Adani Group shares
Click to see story on כלכליסט- www.calcalist.co.ilU.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme
Click to see story on jaunenglish.comGautam Adani ‘bribery’ case: Who is Sagar Adani? What role did he play in the alleged scheme?
Click to see story on Thelocalreport.inWho is Indian billionaire Gautam Adani, charged with fraud by the US?
Click to see story on EMEA Tribune, Breaking News, World News, Latest News, Top HeadlinesGautam Adani indicted in the US for bribery – Sky News: The Latest News from the World
Click to see story on Sky News: The Latest News from the WorldIndian tycoon Gautam Adani, indicted in New York in a bribery case
Click to see story on News.roAdani stocks crash up to 20% after Gautam Adani indicted by US over alleged $250 million bribe plot
Click to see story on Connect GujaratIndia’s Gautam Adani, one of world’s richest people, charged in US with bribery and fraud
Click to see story on sfdailyrecord.comIndian billionaire Adani charged in US over $250m bribery scheme
Click to see story on mettisglobal.newsIndian opposition calls for Adani probe, Modi’s BJP questions timing of US indictment By Reuters
Click to see story on WDC TV NewsAdani Group denies US bribery charges as baseless, vows legal action
Click to see story on awazthevoice.inU.S. charges Indian billionaire with defrauding investors, hiding bribery scheme – TPR: The Public’s Radio
Click to see story on thepublicsradio.orgAdani Bribery Case: Will Gautam Adani be arrested? Know what the whole matter is
Click to see story on tv9gujarati.comUS fiasco: Adani Green Ltd scraps USD 600 mn bond sale after promoter entangled in alleged bribery case in US
Click to see story on Odisha News In EnglishAdani Group Abandons $600 Million Bond Deal After Facing Bribery Charges – odishabytes
Click to see story on ODISHA BYTESUS Charges Indian Billionaire With Fraud
Click to see story on Voice of NigeriaAdani Shares Crash: Adani Group companies are in a state of havoc, all stocks are in a huge decline, know the reason?
Click to see story on Hindi Samachar : Latest News in Hindi, Breaking News in HindiModi’s friend Adani charged in US for fraud
Click to see story on sgtalk.netUS charges Indian billionaire Gautam Adani with fraud, conspiracy
Click to see story on The Frontier PostUS charges Indian billionaire with fraud
Click to see story on risingnepaldaily.comAdani Stocks Crash Up to 20% After Gautam Adani Indicted By US Over Alleged $250 Bribery Case
Click to see story on newsmobile.inGautam Adani Charged in $265 Million Bribery Case in the US – PUNE PULSE
Click to see story on mypunepulse.comGautam Adani charged in $250M bribery scheme by US prosecutors
Click to see story on kbc.co.keIndian tycoon Gautam Adani accused of corruption by US justice
Click to see story on topbuzztimes.comAdani bribery case sends shockwaves through India’s markets – Türkiye Today
Click to see story on turkiyetoday.comRahul Gandhi Seeks Adani’s Immediate Arrest, Probe Against SEBI Chief – Eastern Mirror
Click to see story on easternmirrornagaland.comIndian billionaire Gautam Adani indicted in US for $265 million bribery scheme
Click to see story on kmsnews.orgAdani stocks crash: Huge chaos in Adani shares, fall by 20%, lower circuit in many, mood spoiled due to bribery allegations.
Click to see story on Morning ExpressAdani Arrest Warrant Issued: Adani found guilty in fraud and bribery case in US, arrest warrant issued, know what is the whole case-Found in fraud and bribery case in America, arrest warrant issued, know what is the whole Case-India News Haryana
Click to see story on India NewsGautam Adani charged with defrauding traders; hiding plan to bribe Indian officers, says U.S.
Click to see story on NewsPointWorldIndian billionaire Gautam Adani indicted in US for role in a multi-billion-dollar fraud scheme – People Daily
Click to see story on peopledaily.digitalBillionaire Gautam Adani charged with fraud, bribery in New York
Click to see story on Verve timesIndian tycoon Gautam Adani charged in US over $265 million bribery scheme
Click to see story on tuoitrenews.vnRahul Gandhi seeks immediate arrest of Adani, probe against Sebi chief
Click to see story on madhyamamonline.comU.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme – Islamabad Post
Click to see story on Islamabad PostBizarre job offer: chief of staff pays the company instead of earning a salary
Click to see story on humenglish.com2024 – Gautam Adani Faces Indictment in New York Over Major Bribery Allegations – November 21, 2024
Click to see story on News Text AreaAdani Group Denies $250 Million Bribery Allegations by US Prosecutors
Click to see story on Pragativadi: Leading Odia DaillyIndian billionaire Gautam Adani charged by US over alleged $336m bribe plot – The Arabian Stories News
Click to see story on The Arabian Stories NewsGautam Adani indicted in US for alleged solar-related bribery scheme
Click to see story on pv magazine International‘Why Are CBI and SEBI Silent on Gautam Adani?’ Rahul Gandhi Raises Question on Latest Fraud Revelation
Click to see story on dnpindia.inIndian Billionaire Gautam Adani Charged With Fraud In $250M Bribery Scheme
Click to see story on ekohotblog.comAdani Group Bonds Slide Amid US Charges Against Gautam Adani » FELA NEWS
Click to see story on felanews.comU.S. charges Indian billionaire with defrauding investors, hiding bribery scheme
Click to see story on blkalerts.comAdani Paid $265 Million In Bribes To Indian Officials, Says US Indictment
Click to see story on stratnewsglobal.comArrest Adani Now, Demands Rahul Gandhi – Clarion India
Click to see story on Clarion IndiaBribery Charges: Indian Billionaire Adani Charged in US Over Massive Bribery Scheme
Click to see story on dailythedestination.comAdani should be arrested today, PM protecting him: Rahul Gandhi after US charge – The Indian Awaaz
Click to see story on theindianawaaz.comRahul Gandhi demands arrest of Gautam Adani
Click to see story on MaktoobAdani Group Stocks Crash Upto 20% after US Bribery Charges
Click to see story on PopdiariesBillionaire Gautam Adani indicted in New York
Click to see story on CBC BarbadosIndian Billionaire Gautam Adani Indicted in U.S. for Alleged Solar Energy Bribery Scheme
Click to see story on theasialive.comIndian billionaire Adani charged in US with bribery
Click to see story on The QueenslanderU.S. Charges Indian Billionaire Gautam Adani with Fraud – TV360 Nigeria
Click to see story on tv360nigeria.comGautam Adani and Associates Charged by US in $250 Million Bribery Scheme
Click to see story on indtoday.comGautam Adani charged in US over bribery – Indiaweekly
Click to see story on indiaweekly.bizADANI INDICTED IN US – Asian News from UK
Click to see story on asianlite.ukIndian billionaire Gautam Adani charged with fraud in US
Click to see story on k24.digitalU.S. court issues arrest warrant for Gautam Adani: report
Click to see story on rightsofemployees.comINDIAN PM MODI’S ALLY GAUTAM ADANI CHARGED IN US FOR ALLEGED BRIBERY, FRAUD
Click to see story on independentpress.ccAdani denies bribery charges in US, vows to seek legal recourse – Goa Chronicle
Click to see story on Goa ChronicleAdani Green scraps USD 600 million bond sale after promoter charged in alleged bribery case in US – Connected to India News I Singapore l UAE l UK l USA l NRI
Click to see story on connectedtoindia.comAdani Group Abandons $600 Million Bond Deal Amid US Bribery Charges
Click to see story on Lagatar EnglishAdani charged for bribery and fraud in USA, Rahul Gandhi demands arrest
Click to see story on The KashmiriyatGautam Adani indicted in the US
Click to see story on Splash247Billionaire Gautam Adani charged in New York with massive fraud
Click to see story on world-ne.wsAdani Group denies US bribery charges as baseless, vows legal action – IndiaPost NewsPaper
Click to see story on India PostChair of India’s Adani Group indicted in United States
Click to see story on newsindiatimes.comGautam Adani: Billionaire Indian Tycoon Facing US Bribery Charges
Click to see story on ibtimes.co.zaPeople Matters – Interstitial Site — People Matters
Click to see story on peoplematters.inIndian tycoon Gautam Adani is accused in New York of being part of a million-dollar scheme of bribes
Click to see story on voz.usBJP hits back at Rahul remarks on PM Modi over alleged corruption charges on Adani Group – The Legitimate
Click to see story on The LegitimateRahul Gandhi Demands Immediate Arrest of Gautam Adani Over US Bribery Charges
Click to see story on thehindustangazette.comGautam Adani Accused of Fraud and Bribery in America
Click to see story on Latest Breaking News | Celebrity News and Gossip | StackumbrellaU.S. Charges Indian Billionaire Gautam Adani in Bribery Case
Click to see story on Business Elites AfricaAdani Group slams ‘baseless’ New York fraud and bribery charges – Los Angeles Weekly Times
Click to see story on Los Angeles Weekly TimesGautam Adani, nephew indicted in US in alleged $250 million fraud
Click to see story on thenewzradar.comBillionaire Gautam Adani charged in New York with massive fraud, bribery scheme | Hedge Fund News From HedgeCo.Net
Click to see story on hedgeco.netGautam Adani Indicted in US Bribery Case Involving $250 Million Scheme
Click to see story on The Plunge DailyUS charges Indian billionaire with fraud – Mnnofa
Click to see story on mnnofa.comGautam Adani charged with fraud and bribery in US – News Cubic Studio
Click to see story on newscubic.co.inAdani Group stocks plunge amid US bribery charges on Gautam Adani
Click to see story on Marksmen Daily – Your daily dose of insights and inspirationUnited States charges Indian Billionaire Adani with fraud
Click to see story on NewsIn.AsiaUS Court Issues Arrest Warrants for Gautam Adani and Others in Multibillion-Dollar Bribery Scheme
Click to see story on theobserverpost.comPeople Matters Global – Interstitial Site — People Matters Global
Click to see story on peoplemattersglobal.comAdani plunges in Mumbai on founder’s charges as Asian markets retreat
Click to see story on energy-daily.comAdani group shares tank amidst bribery allegations
Click to see story on Uttarakhand News NetworkAdani Group in Crisis: $30 Billion Wiped Out after US Bribery and Fraud Charges Emerge
Click to see story on coastaldigest.comBillionaire Gautam Adani Charged in New York With Multi-billion-dollar Fraud and Bribery Scheme – American Kahani
Click to see story on American KahaniGautam Adani Charged with $250M Fraud in US: Allegations Shake Indian Business Tycoon
Click to see story on WorldopressUS Charges Gautam Adani With Fraud Over Bribery Scheme
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