U.S. court issues arrest warrant for Gautam Adani: Report

U.S. court issues arrest warrant for Gautam Adani: report
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According to a report by ABC News that cited court records, the warrant for the arrest of Gautam Adani would apparently be handed over to authorities from other countries that are responsible for law enforcement from the United States.

An alleged billion-dollar fraud plan by Gautam Adani was indicted in the US, and a New York judge has issued a warrant for his arrest. Adani was charged with the plan. This happened because Adani was indicted in the US.

ABC News, citing court records, said that foreign law enforcement agencies would receive the arrest warrant. The news outlet reported this.

The founder and CEO of the Adani Group, Gautam Adani, was accused of deceiving American investors and bribing authorities. The US Securities and Exchange Commission (SEC) first brought Adani’s charges. The Securities and Exchange Commission (SEC) alleges that the bribery plan was designed to get renewable energy companies Adani Green and Azure Power to profit from a solar energy project awarded by the Indian government and worth billions of dollars. All SEC claims.

More details are awaited.

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