Adani demands dismissal of fraud case from US court: Said – the matter is outside US jurisdiction, no fraud has been proved

Adani demands dismissal of fraud case from US court: Said – the matter is outside US jurisdiction, no fraud has been proved

Gautam Adani and his nephew Sagar Adani have demanded dismissal of the civil fraud case filed by the US regulator Securities and Exchange Commission (SEC). He said that this case is outside US jurisdiction and there are no concrete allegations in it. Adani Group filed a pre-motion letter in the New York court saying that…

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US SEC sent summons to Gautam and Sagar Adani: sought reply in 21 days, accused 8 people including Adani of bribery and fraud

US SEC sent summons to Gautam and Sagar Adani: sought reply in 21 days, accused 8 people including Adani of bribery and fraud

New York/New Delhi6 minutes ago copy link According to Forbes Real Time Billionaires List, 62 year old Gautam Adani’s wealth is $ 56.8 billion (Rs 4.79 lakh crore). Adani Group Chairman Gautam Adani and his nephew Sagar Adani have been summoned by the US Securities and Commission (SEC) on Saturday. The US SEC has summoned…

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