Episode Details

U.S. prosecutors seek to drop charges against Indian billionaire Gautam Adani in a bribery and fraud case related to a solar power project deal. The Adani Group has consistently denied these allegations. The U.S. Securities and Exchange Commission recently settled a related lawsuit, leading to the decision to drop criminal charges against individual defendants. Adani, who built his empire in the 1990s, has a diverse business portfolio, including renewable energy. The case has had international implications, with countries like Kenya canceling deals and other companies pausing investments. Despite his meteoric rise, Adani has faced criticism and accusations of stock manipulation and accounting fraud, which he has refuted.

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