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.
Gaurav Khanna is one of the strongest contestants on Bigg Boss Season 19. He outperformed everyon
In light of the growing impact on energy supplies caused by the ongoing conflict in West Asia, In
Rajasthan Royals' young opener Vaibhav Suryavanshi touched Mahendra Singh Dhoni's feet and conclu
The five-match T20 series between India and England will start today. The first match will be pla
Chhath, the grand festival of sun worship, is being celebrated across the country. This festival,
On Monday, the Supreme Court once again reprimanded Madhya Pradesh government minister Vijay Shah
Following two consecutive defeats to India in the 2025 Asia Cup in Dubai, Pakistan's former Prime
The Delhi government will launch the Saheli Pink Smart Card on March 2nd. President Draupadi Murm
Nayara Energy, one of the country’s largest private fuel retailers, hiked the prices of pet
IPL 2026: Chennai Super Kings' Seventh Consecutive Defeat; Ruturaj Gaikwad Holds Himself Responsible
Chennai Super Kings’ fortunes show no signs of turning around. Under the captaincy of Rutur
