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India’s Adanis agree to pay $18m to settle civil fraud case in the US | Collector
India’s Adanis agree to pay $18m to settle civil fraud case in the US
Kahawa Tungu

India’s Adanis agree to pay $18m to settle civil fraud case in the US

Indian billionaire Gautam Adani and his nephew Sagar Adani have agreed to pay a combined $18m in penalties to settle a civil fraud lawsuit filed by the US Securities and Exchange Commission. In 2024, the regulator had accused the Adanis of paying bribes to Indian officials for high-profile renewable energy projects and misleading US investors [...] The post India’s Adanis agree to pay $18m to settle civil fraud case in the US appeared first on Kahawatungu .

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