NEW YORK — 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. CHARGED Chairperson of Indian conglomerate Adani Group, Gautam Adani, addresses a gathering in Gandhinagar, India, on Jan. 10, 2024. Adani has been charged with bribing and hiding payments from investors, US prosecutors said on Nov. 20, 2024. A self-described introvert, Adani keeps a low profile and rarely speaks to the media, often sending lieutenants to front corporate events.

Source: Manila Times November 21, 2024 22:13 UTC