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Billionaire Gautam Adani and nephew agree to pay $18 million in SEC settlement over fraud allegations
Indian billionaire Gautam Adani and his nephew Sagar Adani have agreed to settle a U.S. Securities and Exchange Commission lawsuit over allegations they misled investors.
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theguardian.com
US reportedly dropped fraud charges against Indian billionaire after he hired Trump’s lawyer
Gautam Adani, richest man in Asia, was accused of conspiring to pay $250m in bribes to Indian government officials
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straitstimes.com
Gautam, Sagar Adani agree to pay $23 million to settle SEC fraud case
The US Justice Department is reportedly also moving to drop fraud charges against Adani in a parallel criminal case. Read more at straitstimes.com. Read more at straitstimes.com.
