Sachi Hegde

Nov 24, 2024 | thenewsminute.com | Ravi Nair |Siddhartha Mishra |Sachi Hegde

Prosecutors in the United States have indicted Gautam Adani and his nephew Sagar Adani for their alleged involvement in a Rs 2000 crore ($265 million) bribery scheme to secure power-supply contracts. The US Department of Justice (DOJ) claims the scheme involved paying Indian officials to develop India’s largest solar power plant project. Azure Power’s contracts alone were expected to generate $2 billion in profits over 20 years.