US Dept. of Justice Charges Indian Billionaire in $265M Bribery Scandal

story

NOV 2024

Above: Gautam Adani, chairman of Adani Group, at the company's headquarters in Ahmedabad, India, on May 25, 2024. Image copyright: Sumit Dayal/Contributor/Bloomberg via Getty Images

story last updated JAN 31

The Spin

Pro-establishment narrative

The charges represent a significant step in holding powerful international business figures accountable for alleged corruption and fraud that impact US investors. The sophisticated scheme involved multiple layers of deception and manipulation of the financial markets, demonstrating the need for strict oversight of international business dealings.

The New York Times The Economic Times

Establishment-critical narrative

The allegations follow a pattern of targeted attacks on successful Indian businesses expanding globally. The timing and nature of these charges raises questions about the motivations behind the investigation, especially considering the previous controversial claims by short-sellers targeting the Adani Group.

NDTV.com OpIndia