U.S. Indictment Against Indian Billionaire for $250 Million Bribe

On November 20, 2024, the U.S. District Court in Brook unsealed a five-count criminal indictment [1] charging Gautam S. Adani, Sagar R. Adani, and Vneet S. Jaain, executives of an Indian renewable-energy company (the Indian Energy Company), with conspiracies to commit securities and wire fraud and substantive securities fraud for participating in a multi-billion-dollar scheme to raise