• Power Corridors Magazines
  • Advertise with us
Sunday, August 31, 2025
  • Login
Power Corridors
  • News
  • Politics
  • Business
    • Technology
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
    • IPL 2024
  • Event
  • World
No Result
View All Result
  • News
  • Politics
  • Business
    • Technology
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
    • IPL 2024
  • Event
  • World
No Result
View All Result
Power Corridors
  • News
  • Politics
  • Business
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
  • Event
  • World
Home World

 US court reveals arrest warrant for Gautam Adani last month

Last month, an arrest warrant was revealed in a New York court against Gautam Adani, following an indictment on bribery and fraud charges for the billionaire industrialist. India Today got access to the information about the arrest warrant, revealing that Judge Robert M Levy had it unsealed on October 31, 2024.

Prashant Bhardwaj by Prashant Bhardwaj
22 November 2024
in World
5
 US court reveals arrest warrant for Gautam Adani last month
5
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Last month, an arrest warrant was revealed in a New York court against Gautam Adani, following an indictment on bribery and fraud charges for the billionaire industrialist. India Today got access to the information about the arrest warrant, revealing that Judge Robert M Levy had it unsealed on October 31, 2024.

The unsealing of the indictment and arrest warrant aimed to distribute the documents to foreign law enforcement agencies. The US Attorney for the Eastern District of New York requested for the unsealing of the warrant.

Under American law, courts issue arrest warrants unless there is a strong belief that the accused will show up in court on their own.

The US Justice Department has alleged that Adani, along with his nephew and six others, paid $265 million (Rs 2,029 crore) in bribes to Indian government officials to secure solar power contracts with state electricity distribution companies. It is alleged that the bribes were paid from 2020 to 2024.

The US prosecutors alleged that the Adani Group hid this information from US banks and investors who provided billions for the solar energy project. The Adani Group aimed to make over $2 billion in profits over a 20-year period.

Even if the bribery charges involve Indian state officials, US law permits the pursuit of corruption cases if American investors or markets are implicated. The Adani Group has rejected the allegations as “unfounded” and stated that they will address the issue through legal means.

The core of the issue revolves around a deal made by Adani Green Energy and Azure Power to provide 12 gigawatts of solar power to SECI, a government-owned entity. Nevertheless, SECI faced challenges in attracting customers to buy the solar power because of the expensive costs.

 

 

 

 

Also read: Who is Sagar Adani, the man behind Adani Green Energy’s rise and row?

Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Previous Post

CSK Fans Bruttally Slam Gambhir for Dropping Jadeja, Says ‘Favouritism Towards KKR Players’

Next Post

Killing humans inch by inch and moment by moment !

Related Posts

MODI IN CHINA
National

PM Modi Lands in China for SCO Summit, Set to Meet Xi Jinping

30 August 2025
Trump
News

Trump Rejects Appeals Court Ruling, Vows Tariff Fight in Supreme Court

30 August 2025
PM Modi  Says Stable India–China Ties Crucial for Multipolar World
National

PM Modi Says Stable India–China Ties Crucial for Multipolar World

29 August 2025
Sikh Man shot in LA
Crime

Watch: Video of Sikh Man Shot Performing Gatka in Downtown LA

29 August 2025
Xi Ping, Modi
National

Opinion: India, China Tension Amid Trump’s Trade Tantrum (Part II)

29 August 2025
Zelenskyy, Putin
News

Zelenskyy Declines Putin’s Proposal for Summit in Moscow

19 August 2025
Next Post
An alive extinction path

Killing humans inch by inch and moment by moment !

Bumrah show leads the pacers paradise Perth with dreamy stuff

Bumrah show leads the pacers paradise Perth with dreamy stuff

Crucial election results of Maharashtra, Jharkhand polls to be announced  today

Crucial election results of Maharashtra, Jharkhand polls to be announced today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POWER CORRIDORS

Former Vice President Venkaiah Naidu commended Power Corridors as a commendable news magazine, affirming that it not only upholds Media Dharma but also fulfills its societal obligations. Power Corridors, as its name implies, delves into realpolitik—examining the essence of influential circles, unraveling the intricacies of political maneuvers, and exploring the pulse of the state’s affairs. However, it transcends mere power dynamics, encompassing a broader spectrum of issues beyond the confines of Delhi’s elite circles.

For PC, which is published by the Interactive Forum on Indian Economy, not only highlights the issues of the day but also throws up what ought to be the subjects that the country should be debating about. It reports about the plans, strategies, and agendas of politicians and others; it also sets the agenda for the nation.

Browse by Category

  • Appointments/Transfers
  • Automobile
  • Aviation
  • Blog
  • Business
  • Crime
  • Education
  • Entertainment
  • Event
  • GMF
  • HEALTH
  • IFIE
  • IPL 2024
  • Law
  • Motorsports
  • National
  • News
  • Politics
  • Science
  • Space
  • Sports
  • Technology
  • Weather
  • WEIGHT LOSS
  • World

Recent News

Modi, Zelenskyy

Ahead of Meeting Putin, Modi Discusses Ukraine Conflict with Zelenskyy

31 August 2025
MODI IN CHINA

PM Modi Lands in China for SCO Summit, Set to Meet Xi Jinping

30 August 2025
  • About
  • Advertise With Us
  • Privacy & Policy
  • Contact Us

© 2023 Power Corridors

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • News
  • National
  • Politics
  • Business
  • World
  • Entertainment
  • Crime
  • Law
  • Sports
  • Contact Us

© 2023 Power Corridors