
Adani Group Settles US Civil Fraud Case for $18 Million
India's Adani Group has agreed to pay $18 million to settle a civil fraud case in the United States. This agreement resolves the legal dispute against the conglomerate.
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India's Adanis agree to pay $18m to settle civil fraud case in the US
The US securities regulator had accused the Adanis of paying bribes and misleading investors, which they denied.
Read full article →India’s Adanis agree to pay $18m to settle civil fraud case in the US
Indian billionaire Gautam Adani and his nephew Sagar Adani have agreed to pay a combined $18m in penalties to settle a civil fraud lawsuit filed by the US Securities and Exchange Commission.
By Emmanuel Tetteh
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