US SEC summons Gautam Adani, nephew Sagar Adani

Adani bonds slide to year low as investors and lenders weigh bribery allegations
By Tom Westbrook and Yantoultra Ngui SINGAPORE/SYDNEY (Reuters) -Adani dollar bond prices fell on Monday to almost one-year lows, as investors cut their exposure to the Indian conglomerate and some bankers considered pausing fresh lending in the wake of bribery and fraud accusations by U.
Gautam Adani, nephew Sagar summoned by US Securities and Exchange Commission in bribery case
The US Securities and Exchange Commission (SEC) has summoned Adani group founder and chairman Gautam Adani and his nephew Sagar to explain their stand on allegations of paying $265 million ( ₹2,200 crore) in bribes to get lucrative solar power contracts.
Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’
Gautam Adani and seven others have been accused of paying USD 265 million in bribes to Indian government officials to secure solar energy contracts.
Adani bonds hit one-year low as investors weigh US bribery allegations
Adani dollar bond prices fell to almost one-year lows on Monday as investors cut their exposure to the Indian conglomerate in the wake of bribery and fraud allegations from U.S. authorities.
Big trouble for Gautam Adani, US SEC summons Indian billionaire in alleged USD 265 million bribery case, to respond…
According to the reports, the summons were delivered to their respective residences in Ahmedabad - Gautam Adani's Shantivan Farm and Sagar Adani's Bodakdev home.

Adani, Bangladesh

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