A criminal indictment has been filed before the United States District Court Eastern District of New York by the Department of Justice in the case of USA against Gautam Adani, Sagar Adani and Vineet Jain.
The alleged hundreds of millions of dollars in bribes promised to local Indian officials caught the attention of the US Justice Department and Securities and Exchange Commission as Adani's companies were raising funds from US-based investors in several transactions starting in 2021.
In 2022, Gautam Adani said the company would invest USD 70 billion in clean energy projects by 2032. The company has a clean energy portfolio of over 20 gigawatts, including one of the world's largest solar power plants in the southern state of Tamil Nadu.
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