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Billionaire Gautam Adani charged in New York with massive fraud, bribery
CNBC (Business News) ^ | 20 November 2024 | Dan Mangan

Posted on 11/20/2024 3:18:36 PM PST by zeestephen

The billionaire is chair of India's Adani Group conglomerate and one of the world's richest people...The indictment alleges Adani and others misled U.S. investors when they were seeking capital to finance...solar energy contracts...Gautam Adani is the second richest person in Asia, with a reported net worth of $85 billion.

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events
KEYWORDS: danmangan

1 posted on 11/20/2024 3:18:36 PM PST by zeestephen
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To: zeestephen

What democrat did he cross? I don’t believe a bloody thing that comes out of Filth York,


2 posted on 11/20/2024 3:23:57 PM PST by Bonemaker (invictus maneo)
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To: zeestephen

Adani and other defendants are accused in the indictment of having paid Indian government officials more than $250 million in bribes to obtain solar energy supply contracts worth more than $2 billion in profits.

The 62-year-old billionaire and two executives in Adani Green Energy Limited, his nephew Sagar Adani and Vneet Jaain, are charged with misleading U.S. and international investors about their company’s compliance with antibribery and anticorruption practices as they raised more than $3 billion in capital to fund those energy contracts.


There are antibribery and anti-corruption practices?

Anyone tell Joe?


3 posted on 11/20/2024 3:24:13 PM PST by PeterPrinciple (Thinking Caps are not longer being issued, but there must be a warehouse full of them somewhere)
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To: zeestephen

Solar…it’s always solar.


4 posted on 11/20/2024 3:24:39 PM PST by Scott from the Left Coast
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To: zeestephen

Behind every great fortune is a great crime.


5 posted on 11/20/2024 3:26:11 PM PST by Kenny500c ( )
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To: SeekAndFind

Ping...

“Gautam Adani charged in New York with massive fraud, bribery”


6 posted on 11/20/2024 3:26:35 PM PST by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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To: zeestephen
Hopefully, Gautam Adani made it out of the American banana republic to safety.

He's got enough money to flip off the third-world lawstooges in Hochul's corrupt fiefdom.

7 posted on 11/20/2024 3:26:51 PM PST by kiryandil (No one in AZ that voted for Trump voted for Gallego )
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To: zeestephen; Bonemaker; PeterPrinciple; Scott from the Left Coast; Kenny500c
"If there is one person on Earth who stands as the embodiment of unbreakable tenacity, unshakeable grit, relentless determination and the courage to stay true to his beliefs, it is Donald Trump. Fascinating to see America’s democracy empower its people and uphold the nation's founding principles. Congratulations to the 47th POTUS-elect @realDonaldTrump." - Gautam Adani on X, after The Trump's victory

I smell a political prosecution.

8 posted on 11/20/2024 3:38:06 PM PST by kiryandil (No one in AZ that voted for Trump voted for Gallego )
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To: zeestephen

You can never get rich enough to stop trying to defraud people if that’s the way you’re bent, I guess. And some very poor people will never stoop to taking a dime dishonestly.


9 posted on 11/20/2024 3:47:15 PM PST by AnotherUnixGeek
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To: PeterPrinciple

Exactly how does one pay “more than $250 million in bribes?”


10 posted on 11/20/2024 4:10:52 PM PST by Brian Griffin
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To: Brian Griffin

Exactly how does one pay “more than $250 million in bribes?”


energy supply contracts worth more than $2 billion in profits.


11 posted on 11/20/2024 4:12:37 PM PST by PeterPrinciple (Thinking Caps are not longer being issued, but there must be a warehouse full of them somewhere)
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To: Brian Griffin

exactly how does one get energy supply contracts worth more than $2 billion in profits.



12 posted on 11/20/2024 4:15:59 PM PST by PeterPrinciple (Thinking Caps are not longer being issued, but there must be a warehouse full of them somewhere)
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To: zeestephen

I guess NYC found a new business model to fund spending..looting business under color of law


13 posted on 11/20/2024 4:42:45 PM PST by rottweiller_inc (inter canem et lupum)
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To: Bonemaker

New York is a really scary place to do business. I guess the State needs to pay it’s bills somehow.


14 posted on 11/20/2024 4:42:54 PM PST by Colorado Doug (Now I know how the Indians felt to be sold out for a few beads and trinkets)
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