US Bribery Scandal: Moody’s Slashes Rating Outlook On 7 Adani Companies From Stable To Negative

US prosecutors have indicted Gautam Adani, his nephew Sagar and other defendants for paying over USD 250 million in bribes between 2020 and 2024 to Indian government officials to win solar energy contracts can be Credit Negative for the group companies.

Nov 26, 2024 - 16:15
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US Bribery Scandal: Moody’s Slashes Rating Outlook On 7 Adani Companies From Stable To Negative
US prosecutors have indicted Gautam Adani, his nephew Sagar and other defendants for paying over USD 250 million in bribes between 2020 and 2024 to Indian government officials to win solar energy contracts can be Credit Negative for the group companies.

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