Adani Bribery Charges Add to Quebec Pension's India Nightmare [Yahoo! Finance]
Azure Power Global Limited Equity Shares (AZRE)
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Source: Yahoo! Finance
Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Paris to Replace Parking Spaces With Trees Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes New York's Transit Agency Approves $9 Congestion Toll Three former employees of Caisse de Depot et Placement du Quebec were charged with conspiracy to violate the Foreign Corrupt Practices Act on Wednesday. The list of the accused includes Cyril Cabanes, a former managing director in CDPQ's Asia-Pacific infrastructure unit, as well as Saurabh Agarwal and Deepak Malhotra, who also worked for the fund manager. US prosecutors allege that defendants including Adani, one of the world's richest people, promised to pay more than $250 million in bribes to Indian government officials to win solar energy contracts, and that they concealed the plan as they sought to raise money from US investors. The criminal indictmen
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News
- Prosecutors say Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme [Business Insider]Business Insider
- How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled [Yahoo! Finance]Yahoo! Finance
- How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled [Yahoo! Finance Canada]Yahoo! Finance Canada