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.
Mumbai Indians defeated Sunrisers Hyderabad by four wickets due to the excellent performance of t
India defeated Pakistan by six wickets in the Asia Cup 2025 Super 4 match between Pakistan and In
Cheena ka bhaat and fafre ke pole...Modi became a fan of Hilly Feast.
Prim
MS Dhoni, one of India's most successful captains, is considered to have a lucky number of seven,
In his first call from space, Indian astronaut Shubhanshu Shukla recalled the experience of Wedne
Earthquake: 6.8 magnitude earthquake wreaks havoc in Tibet, 32 people killed, 38 injured
Strong earthquake tremors were felt in Tibet on Tuesday. More than 32 people died in this severe
With the help of a brilliant partnership between Suryakumar Yadav and Rohit Sharma, Mumbai Indian
Chandrapuram Ponnusamy Radhakrishnan was sworn in as the 15th Vice President of India on Friday.
Comedian Kunal Kamra has had to pay a heavy price for commenting on Maharashtra Deputy Chief Mini
Salman Khan will be seen in the film 'Battle of Galwan'. The poster of the film was released on F
