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International Business Times
International Business Times
Business
Gregory WALTON

Indian Magnate Gautam Adani Charged In US Over Massive Bribery Scheme

Gautam Adani, the chairman of Adani Group (4L) has previously been rocked in recent years by corporate fraud allegations and a stock crash (Credit: AFP)

Billionaire Indian industrialist Gautam Adani has been charged with paying hundreds of millions of dollars of bribes and hiding the payments from investors, US prosecutors said on Wednesday.

With a business empire spanning coal, airports, cement and media, the chairman of Adani Group has been rocked in recent years by corporate fraud allegations and a stock crash.

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