
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 former Prime Minister of the country Dr. Manmohan Singh passed away late last night. He breat
A press conference was held today in Patna by the Union Home Ministry. Union Home Minister Amit S
After the CJI, another judge was attacked with a shoe; the court gave its verdict on the attacker.
Recently, a man threw a shoe at CJI BR Gavai in the Supreme Court. This incident sparked a new de
The story of Akshay Kumar starrer film 'Kesari 2' is based on the painful incident of the Jallian
The fourth match of IPL 2025 was full of excitement. The target, which seemed impossible at one p
The trailer of South Cinema's much-awaited film Thug Life has been released. 70-year-old Kamal Ha
The Punjab government on Wednesday night removed the 13-month-long farmers' protest at Shambhu an
Salman Khan: Rakhi Sawant wants Salman to marry this Pakistani actress, said- 'I have chosen Bhabhi'
Salman Khan is called the most eligible bachelor in Bollywood. The actor's fans are eagerly waiti
Even on New Year's Day, people in the capital did not get any relief from the toxic air. Due to u
The blast near the Red Fort last night has shaken all of Delhi. Union Home Minister Amit Shah has