DOJ Charges Indian Billionaire in $265M Bribery Scandal

Published NOV 21 2024

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The Spin

The charges represent a significant step in holding powerful international business figures accountable for alleged corruption and fraud that impacts U.S. investors. The sophisticated scheme involved multiple layers of deception and manipulation of the financial markets, demonstrating the need for strict oversight of international business dealings.

nytimes

The allegations follow a pattern of targeted attacks on successful Indian businesses expanding globally. The timing and nature of these charges raise questions about the motivations behind the investigation, especially considering the previous controversial claims by short-sellers targeting the Adani Group.

Time