US regulator takes legal route to serve summons on Indian billionaire – Reuters

Orientul Mijlociu

The SEC has reportedly said that India has refused to serve a notice to Gautam Adani over an alleged $265 million bribery scheme The Securities and Exchange Commission (SEC) has sought US court approval to email a summons to Indian billionaire Gautam Adani and group executive Sagar Adani over alleged fraud and a $265 million bribery scheme, Reuters reported on Thursday. The case relates to charges against the billionaire and his nephew, Sagar, alleging that they had paid bribes to obtain power

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