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Gautam Adani indictment: What are the consequences?

Gautam Adani
Gautam Adani. Photo: Kalpit Bhachech/Dipam Bhachech/Getty Images

Hameed Shuja

3 min read
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Guatam Adani’s indictment is big news. We assess the immediate and long-term consequences for him and his business empire.

Indian billionaire Gautam Adani, one of Asia’s richest people, has been charged by US prosecutors for allegedly bribing Indian government officials in order to get favourable terms on energy contracts in the world’s most populous country.

According to reports, the contracts to produce solar energy in India “were projected

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