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International Business Times
International Business Times
Business
AFP News

India Opposition Leader Demands Tycoon Adani's Arrest After US Charges

Gautam Adani has been charged by US prosecutors with paying more than $250 million in bribes to Indian officials for lucrative solar energy supply contracts (Credit: AFP)

Billionaire Indian tycoon Gautam Adani should be arrested after US prosecutors charged him with paying more than $250 million in bribes to secure lucrative government contracts, opposition leader Rahul Gandhi said Thursday.

Gandhi's demand came after shares in the industrialist's conglomerate nosedived nearly 20 percent in Mumbai, the morning after a bombshell indictment in New York accused him of deliberately misleading international investors.

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