US indicts Adani for bribing officials in India, misleading investors; issues arrest warrants – Times of India
US prosecutors have indicted billionaire Gautam Adani and his nephew, Sagar Adani, among others, for their alleged role in a $265 million (Rs 2,000 crore) bribery case to secure solar power supply contracts in India, plunging the edible oil-to-ports giant into a second major controversy in 22 months, after the allegations by short-seller Hindenburg Research.Arrest warrants have been issued in the US for Gautam and Sagar Adani and US prosecutors plan to hand those warrants to foreign law enforcement, according to court records, Reuters reported.Early Wednesday, the US Department of Justice (DoJ) charged the two Adanis, former Adani Green CEO Vneet Jaain and former executives of Azure Power and Canadian pension fund CDPQ for alleged bribery to secure power purchase contracts from five states...