‘Violation of Foreign Corrupt Practices Act’

The US Attorney’s Office for the Eastern District of New York has also unsealed criminal charges against Adani and Sagar Adani, Cabanes, and others linked to Adani Green and Azure Power.

The federal indictment unsealed in a federal court in Brooklyn charges five others with conspiracy to violate the Foreign Corrupt Practices Act in connection with the bribery scheme, involving one of the world’s largest solar energy projects.

Federal prosecutors claim that between 2020 and 2024, Adani and his associates paid over USD 250 million in bribes to obtain solar energy contracts worth more than USD 2 billion in projected profits after tax over an approximately 20-year period.