A federal indictment unsealed November 20th in Brooklyn charges Indian energy magnates Gautam S. Adani, Sagar R. Adani, and Vneet S. Jaain, along with several other individuals, with orchestrating a multi-billion-dollar bribery and fraud scheme.
The case alleges a conspiracy to pay over $250 million in bribes to Indian government officials to secure solar energy contracts, coupled with fraudulent efforts to obtain capital from U.S. and international investors.
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