Indian billionaire Gautam Adani is facing criminal fraud charges in the US for allegedly orchestrating a $250m (or £198m) bribery scheme to secure renewable energy contracts in India.
Prosecutors claim he and other seven executives bribed officials, concealed the scheme, and misled investors to raise $3bn (or £2.4bn). The investigation, which began in 2022, accuses Mr Adani of obstructing inquiries and furthering the fraud.