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US probes Gautam Adani and group over potential bribery

US prosecutors have widened their probe of India’s Adani Group to focus on whether the company may have engaged in bribery, as well as the conduct of the company’s billionaire founder, according to people with direct knowledge of the matter.

Investigators are digging into whether an Adani entity, or people linked to the company, including Gautam Adani, were involved in paying officials in India for favourable treatment on an energy project, said the people, who asked not to be identified discussing the confidential effort.

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    Original URL: https://www.afr.com/markets/commodities/us-probing-gautam-adani-and-group-over-potential-bribery-20240316-p5fcvl