Cut The Clutter: Charges against Adani & Indian states esp Andhra in US indictment, how laws work,larger implications

 A US court Wednesday indicted Gautam Adani and six others in the Adani Group for allegedly ‘offering’ bribes to several Indian state govt officials for electricity sales. In Episode 1557 of Cut The Clutter, Editor-in-Chief Shekhar Gupta & Deputy Editor (Economy) Sharad Raghavan discuss why the allegations and what it means for the conglomerate going forward.    

 

Read the indictment here: https://www.justice.gov/usao-edny/media/1377806/dl?inline

 

https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-181.pdf