“The defendants orchestrated an elaborate scheme to bribe Indian government officials to secure contracts worth billions of dollars,” Breon Peace, US Attorney for the Eastern District of New York, said in a statement.
US prosecutors charged Gautam Adani, one of the world’s richest people, with participating in a scheme that involved promising to pay more than US$250 million in bribes to Indian government officials to secure solar energy contracts.
Prosecutors in Brooklyn, New York, alleged on Wednesday that Adani and other defendants lied about the plan as they sought to raise money from US investors. The five-count indictment also accuses Sagar R. Adani and Vneet S. Jaain, executives at an Indian renewable-energy company, of breaking federal laws.
