After the US accused the Adani Group, one name is being discussed in full swing. That name is Gautam Adani's nephew Sagar Adani. Several allegations of fraud have been leveled against Adani, one of the richest people in the world, and seven other defendants. Sagar is also included in this. Officials claimed that these seven people, including Gautam Adani, had paid a bribe of about $ 265 million to get this project. However, the Adani Group has rejected these allegations.
Who is Sagar Adani?
Sagar Adani is the son of Gautam Adani's brother Rajesh Adani.
He is one of the founder members of the Adani Group.
Sagar Adani is the executive director at Green Energy, where his father also holds the post of director.
He joined the Adani Group in 2015 after taking a degree in economics from Brown University in the US.
He is credited with advancing the cellar and wind energy portfolio of Adani Green Energy.
According to the company's website, Sagar looks after the strategic, financial, and structural development of the Adani Group.
According to a Bloomberg report, Sagar is one of the four potential successors of Gautam Adani's business. Sagar is accompanied by his sons Karan and Jeet Adani, as well as his cousin Pranav Adani.
What is the allegation against Sagar?
The US Justice Department claimed in a New York court that veteran businessman Gautam Adani and other associates conspired to defraud investors for their benefit. Also, the accused conspired to bribe Indian government officials to obtain contracts worth trillions of rupees. However, the indictment clearly states that these are allegations and the accused will be considered innocent until proven guilty. According to court records, some of the people involved in the conspiracy used to privately call Gautam Adani by the code name Numero Uno i.e. Number One and The Big Man.
Gautam Adani and his nephew Sagar are accused of concocting a scheme to secure a solar power project in India and misleading investors during a $750 million bond offering that raised about $175 million from US investors, according to a report.
The situation in Pakistan-Occupied Kashmir (PoK) continues to deteriorate. Following the Awami Ac
Nandamuri Balakrishna remains in the discussion about his upcoming films. Everyone is waiting for
Royal Challengers Bangalore players danced a lot after winning the IPL 2025 title. Its video has
Senior Congress leader P Chidambaram came under fire from the BJP for his statement on the terror
'Free education from KG to PG, ₹1000 per month to SC students', Part-2 of BJP's manifesto released
The Bharatiya Janata Party released the second part of its Sankalp Patra on Tuesday given the Del
The house of Dr. Umar Un Nabi, the terrorist who carried out the Red Fort blast, has been demolis
Kesari 2 got the support of PM Modi before its release, Akshay Kumar thanked the Prime Minister.
Akshay Kumar, R. Madhavan and Ananya Pandey starrer film 'Kesari: Chapter 2' is in the news these
There is a lot of drama happening every day in Salman Khan's reality show Bigg Boss 18. To achiev
Actor and Makkal Nidhi Mayyam (MNM) chief Kamal Haasan on Friday started his innings in the Parli
Prime Minister Narendra Modi has spoken to Donald Trump who returned to America leaving the G7 su
