Top News In UK\US | Adani Bribery Allegations

US prosecutors have charged Indian billionaire Gautam Adani and associates with paying $250 million (£198 million) in bribes to Indian officials to secure solar energy contracts, allegedly generating over £1.59 billion in profits. The indictment includes accusations of fraud, misleading investors, and obstructing justice. Adani Group denies the allegations, calling them baseless and vowing legal action. These charges follow past criticisms of the conglomerate's financial practices, including accusations of stock manipulation and corporate fraud highlighted by a 2023 Hindenburg Research report.