Gautam Adani, Nephew Agree To Pay $18m To Settle US Civil Fraud Case
Indian billionaire Gautam Adani and his nephew, Sagar Adani, have agreed to pay a combined $18 million to settle a civil fraud lawsuit filed against them by the United States Securities and Exchange Commission (SEC). The proposed settlement, which is still subject to court approval, relates to allegations made by the SEC in 2024 over…
