Indian Billionaire Gautam Adani Indicted on Fraud & Bribery Charges in New York

Gautam Adani, chairman of the Adani Group and one of the world’s wealthiest individuals, faces serious charges in New York related to an alleged multibillion-dollar bribery and fraud scheme. U.S. prosecutors accuse Adani of orchestrating a network of corruption to secure favorable business deals for his conglomerate. The indictment raises concerns about corporate governance within Adani’s empire, with potential consequences for India’s global business standing. Adani has yet to comment, but his legal team is expected to fight the charges in court.