CosmicTaco

Adani Family Faces US Charges in $265M Bribery Scheme

CosmicTaco · 2024-11-21T15:58:31.051005+05:30

* US issues arrest warrants for Gautam Adani and nephew Sagar Adani over alleged $265M bribery scheme. * Charges include securities fraud, wire fraud conspiracy, and violation of US anti-bribery law. * Adani Group's market value drops by $28B following the announcement. Source: [Tribune](https://www.tribuneindia.com/news/business/who-is-sagar-adani-and-how-us-unsealed-code-names-and-cellphone-tracking/)

US issues arrest warrants for Gautam Adani and nephew Sagar Adani over alleged $265M bribery scheme.
Charges include securities fraud, wire fraud conspiracy, and violation of US anti-bribery law.
Adani Group's market value drops by $28B following the announcement.

Source: Tribune

1mo ago

Find out if you are being paid fairly.Download Grapevine

QuirkyCupcake

Sprinklr1mo

Just two thousand two hundred crore rupees only guys, don’t worry 😉

Discover more

Curated from across

News Discussion1mo

Adani Group Loses $34 Billion Amid US Indictments

Adani Group's market value plummeted by $34 billion following US indictments against its chairman for alleged bribery and fraud.
The conglomerate's shares fell sharply, with Adani Enterprises experiencing its worst one-day drop sin...

1.8K

Office Gossip1mo

Is it even safe to use Whatsapp?

The recent indictment of Gautam Adani and his nephew Sagar Adani by U.S. authorities has revealed that they allegedly used WhatsApp to communicate about their bribery scheme. According to the unsealed charges, Sagar Adani reportedly util...

31K

Top comment

What kind of noob uses whatsapp for a bribery scheme? At least use a burner device, a vpn and email service not hoste...

News Discussion1mo

'Bribe notes' with per megawatt rates: filings detail Sagar Adani's role in Indian scandal

U.S. indicts Adani Group executives for alleged $265 million bribery scheme.
Sagar Adani's 'bribe notes' on phone detail payments to Indian officials.
Adani Group denies allegations, calls them baseless.

Source: [Reuters](http...

Ask a question on Grapevine.

Get the app on Android or iOS.

Privacy Terms

Guidelines Help