Adani Bribery Case: The US Securities and Exchange Commission has accused 7 people including Gautam Adani of bribery of $265 million, after which news continues to come in the country about the huge business group and its owner Gautam Adani. In this case, at present the US investigating agency wants to send summons to 7 people including Gautam Adani and his nephew Sagar Adani, but for this they will have to send notice through proper diplomatic channels because foreign nationals do not come under its jurisdiction. According to sources, these summons are part of the SEC’s legal documents filed before the New York court, and it will take some time to reach Adani. No summons has been served to Adani yet.
SEC will have to follow the protocol
The SEC wants Adani to clarify his stand on the allegations of giving bribe to get the solar energy contract, but he can send it to Gautam Adani only through the Indian Embassy and other diplomatic modes, not through post or any other means. Two sources having knowledge of the entire matter said that this request will have to be sent through the Indian Embassy in America. Along with this, the protocols made under other diplomatic formalities will have to be followed. He said that the American SEC has no authority over foreign citizens.
SEC has no authority to summon any foreign national directly
The US SEC will have to summon Adani Group founder and chairman Gautam Adani and his nephew Sagar through proper diplomatic channels in an alleged US $ 265 million (Rs 2200 crore) bribery case. Giving this information, sources said that the US Securities and Exchange Commission (SEC) has no authority to summon any foreign citizen directly.
what is the matter
The trial of seven people including Gautam Adani and his nephew Sagar has started in a court in New York, USA on Wednesday. According to this, these people had agreed to pay a bribe of about 265 million dollars to Indian government officials to get the solar energy supply contract. Gautam Adani and Sagar Adani are directors at Adani Green Energy Limited, the renewable energy unit of the Adani Group. These bribery allegations have been made during the period between approximately 2020 and 2024.
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