Gautam Adani, nephew summoned by US SEC in $265 million bribery case
The US Securities and Exchange Commission (SEC) has summoned Gautam Adani and Sagar Adani, alleging a $265 million bribery scheme to secure solar power contracts. The SEC claims Adani Green Energy Ltd misled investors about its anti-corruption practices while raising funds. The Adani Group denies wrongdoing and plans to pursue legal action.