US regulator proposes fines for Adani family over alleged 250 million dollars bribery scheme
US regulator proposes fines for Adani family over alleged 250 million dollars bribery scheme
The U.S. Securities and Exchange Commission (SEC) has asked a federal court to approve final judgments to settle a civil case against Indian billionaire Gautam Adani, and his nephew Sagar Adani.
The settlement would require Gautam to pay $6 million and Sagar $12 million, “without admitting or denying the allegations in the complaint.”
The SEC alleged that the Adanis “orchestrated a scheme to pay or promise to pay the equivalent of hundreds of millions of dollars in bribes to Indian government officials in exchange for commitments to purchase energy at above-market rates, thereby benefiting Adani Green.” OCCRP previously reported that the Adani Group rejected the allegations as “baseless.”
Теги статьи: СШАСагара АданиГаутама АданиГаутам АданиАдани ГаутамаSagar AdaniGautam AdaniAdani Group
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