Delhi. Adani Group Chairman Gautam Adani has been accused of paying a huge bribe of $250 million i.e. about Rs 1750 crore to Indian officials in the US. It is alleged that he has given this bribe to get contracts for India’s largest solar power project. After this allegation, there has been a storm in Indian politics. The opposition Congress party is on the offensive. There is a possibility of uproar on this issue in the Parliament session.
Gautam Adani has been charged with corruption and fraud. It is alleged that Adani gave a bribe of more than $250 million to Indian officials to get solar contracts worth $2 billion in two decades.
Gautam Adani is currently in India. The US investigative agency may request his extradition. However, the court of India will decide whether these allegations apply according to Indian law or not. Apart from this, political and human rights concerns will be assessed. Adani may oppose extradition. This may delay the entire process.
Gautam Adani has not yet responded to any of the charges. He has not yet appeared in any US court. If he is extradited or surrenders, his lawyers may challenge the charges. The case is unlikely to start in court soon. Legal procedures, debate on evidence and separate trials for other accused involved with Adani may prolong the process. News agency Reuters has given this information. If Adani is found guilty, he could face up to five years in prison for taking bribes. Apart from this, he could be sentenced to up to 20 years on charges of fraud and conspiracy. Apart from this, he could also be fined heavily. The determination of any sentence will ultimately depend on the judge who is handling the case. This information has been given by Reuters. Adani’s legal team can appeal against any conviction, which could prolong this legal battle.
