US Scam

Adani, 62, his nephew Sagar Adani, 30, and half a dozen other executives were named in a five-count criminal indictment unsealed in a New York federal court on Wednesday. Authorities claim the two, along with others, promised more than $250 million in corrupt payments to government officials to secure billions worth of power and electricity agreements. The various allegations detailed a four-year plan spanning the globe that involved meetups with officials to broker bribes and power deals—some that allegedly involved Gautam Adani himself.