The Adani Group, one of India’s largest business empires, has faced a shocking $55 billion loss in market value. This comes after US prosecutors accused its top executives, including chairman Gautam Adani, of being involved in a massive bribery and fraud scheme. Gautam Adani, once among the world’s richest men,
The Adani Group, one of India’s largest business empires, is in deep trouble. The company has lost around $26 billion in market value after the US Department of Justice (DOJ) accused its founder, Gautam Adani, and key executives of bribery and fraud. Adani Enterprises, the flagship company of the group,
Environmental Justice Australia and Earthjustice have compiled a detailed report called the #AdaniFiles that summarizes the mining giant Adani’s track record, based on publicly available evidence and research into hundreds of court documents. As per their report the “documents show that Adani are, at their core, a dangerous, criminal organization.
