POLYFACTUALv0.1
LIVE
Breaking
Bodies of climbers killed in avalanche retrieved from Broad PeakMexico deploys troops to secure avocado region after US halts importsRecord-high heat soars through South KoreaWhy was Taiwan’s president evacuated in the middle of the night?Turkiye’s Erdogan visits Saudi Arabia: What to expectOne killed, four injured in Thailand school shooting, officials sayAnti-Muslim US Congressman Andy Ogles loses congressional primaryAI used to create viruses not found in nature for first timeMore than one million affected by floods in India’s Assam stateExclusive report with the 308 people rescued by Nigerian forcesAustralian aviation crew carries out daring midwinter Antarctica rescueIsraeli raid in West Bank’s Qalandiya injures 51 PalestiniansNew Mexico court orders Meta to pay $567m over harm to youthsBrazil formally accuses 16 people over 2024 Voepass deadly plane crash‘Wiped out’ - BBC reports from Spokane neighbourhood devastated by firesTrump imposes 15% tariff on key chip material to counter ChinaPolice in Argentina use tear gas to stop protestersTwo people convicted in relation to death of French streamerTrump again tries to limit US birthright citizenship with new executive ordersDo you know who owns the media you watch?Sudan's invisible children - born in war with no legal identityAfter the floods, hunger: Mozambique’s second disasterTrump says war can’t ‘go much longer’, Hormuz deal closeSome of Doge's $110bn saving reports are wrong or lack evidence, US watchdog findsTravel restrictions – from Israel and Europe – trap students in Gaza‘No red line’: South Lebanon residents outraged as Israel resumes strikesTrump signs executive orders banning so-called ‘birth tourism’Iran’s Ghalibaf accuses Trump of conducting show diplomacy ‘on loop’Meta found to be 'public nuisance' in $567m rulingHow Abdul El-Sayed’s ‘extraordinary’ win stunned pro-Israel establishment
IN·India

Gautam Adani

Chairman, Adani Group
indictedindicted
born 1962-06-24 Ahmedabad, Gujarat, Indianet worth ~$60.0B Wikipedia

Chairman of Adani Group, one of India's largest conglomerates. Close ally of PM Narendra Modi. Indicted by US DOJ (EDNY) in November 2024 for allegedly orchestrating a $265M bribery scheme to secure Indian solar contracts; also charged with securities fraud.

LINKED SCANDALS
3
LEGAL EVENTS
2
RESEARCH
17 days ago
SANCTIONS
CLEAR
Legal history · 2 events
criminal·2024-11-20
US DOJ EDNY unsealed indictment: conspiracy to violate the FCPA, securities fraud, wire fraud; parallel SEC civil action
Pending — Adani in India, not yet extradited
source
civil·2023-01-24
Hindenburg Research report alleged Adani engaged in decades of stock manipulation and accounting fraud
Adani denied; group value fell ~$150B
source
Deep research · Exaupdated 17 days ago
Gautam Adani is the Chairman of the Adani Group, a conglomerate with interests in energy, ports, and infrastructure. His career has faced two primary categories of public controversy. In February 2023, the U.S.-based short seller Hindenburg Research accused the group of stock manipulation, accounting fraud, and money laundering. The Adani Group denied these allegations, labeling them a malicious mix of misinformation. In 2024, U.S. prosecutors in Brooklyn indicted Adani for an alleged $265 million bribery scheme to secure Indian government solar energy contracts. Prosecutors further alleged Adani raised over $3 billion from investors through false statements regarding anti-bribery practices. Adani denied these charges as baseless. Following a related civil settlement by the Securities and Exchange Commission, U.S. prosecutors moved to drop these criminal fraud and conspiracy charges in 2026, citing prosecutorial discretion. Other controversies involve recurrent allegations of crony capitalism and preferential government treatment, which the group consistently denies.
Linked scandals← back