This could get interesting.
Adani raised about $3 billion from US markets (via syndicated loans and bonds), which explains the SEC interest. Orders of magnitude: solar contracts with after-tax profits of $2 billion over 20 years. Bribes of $265 million, or 13.25% of profits, but payable up front.
Adani raised about $3 billion from US markets (via syndicated loans and bonds), which explains the SEC interest. Orders of magnitude: solar contracts with after-tax profits of $2 billion over 20 years. Bribes of $265 million, or 13.25% of profits, but payable up front.
Reposted from
The Hindu
Gautam Adani US Indictment: Who are the seven others charged with defrauding American investors? newsth.live/z3av7X
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https://www.aljazeera.com/economy/2024/11/21/kenya-cancels-more-than-2-5bn-in-deals-with-adani-after-us-indictment