Adani Group Faces Scrutiny Over Alleged Bribery Scheme and Market Disclosure Failures
The Adani Group, a massive conglomerate with interests spanning ports, energy, and infrastructure, is facing fresh scrutiny following a U.S. indictment alleging a $265 million bribery scheme to secure favorable power deals. The charges, which include fraud and misleading disclosures, have raised alarms over the group’s corporate governance and transparency. In March 2023, Sagar Adani, …
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