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The prosecutors said the Adanis, along with former Adani Green Energy CEO Vneet Jaain, raised more than $3 billion in loans and bonds by hiding their corruption from lenders and investors. Because some of those lenders and investors were in the US, such behaviour is a violation of the US Foreign Corrupt Practices Act.

A judge has issued arrest warrants for Gautam Adani and Sagar Adani and prosecutors plan to hand those warrants to foreign law enforcement, court records show.

Gautam Adani, 62, is worth $69.8 billion according to Forbes magazine. He is one of the few billionaires formally accused in the United States of criminal wrongdoing.


https://www.bangkokpost.com/business/gen...y?tbref=hp