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The Independent UK
The Independent UK
Stuti Mishra and Maroosha Muzaffar

Who is Gautam Adani – Indian billionaire charged in US in $250m bribery case

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.

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