US prosecutors charged Gautam Adani with bribery and fraud. Adani allegedly paid over USD 250 million in bribes to Indian officials. The bribes were for favorable terms for solar power contracts. AAP MP Sanjay Singh claimed Adani tried to enter Delhi's power sector. Arvind Kejriwal, then Delhi's chief minister, stopped Adani. The Adani group denied all charges.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.