Adani Group Faces U.S. Indictment, Opposition Demands Parliamentary Probe

U.S. prosecutors allege bribery and fraud by Adani Group executives, while Indian opposition calls for a joint parliamentary investigation.

The U.S. Department of Justice and SEC have filed charges against Adani Group executives, alleging a $265 million bribery scheme to secure solar energy contracts in India.
Former Attorney General Mukul Rohatgi clarified that Gautam Adani and his nephew Sagar Adani are not named in charges related to bribery or obstruction under the U.S. Foreign Corrupt Practices Act (FCPA).
The Adani Group has denied all allegations, describing the charges as baseless and lacking specific evidence of bribery or wrongdoing.
Indian opposition parties have disrupted Parliament sessions, demanding a joint parliamentary committee (JPC) investigation into what they describe as the 'Modani scam' with global implications.
The controversy has fueled political tensions, with opposition leaders accusing the government of shielding Gautam Adani, while legal experts debate the strength and timing of the U.S. indictment.