Centre forwards US SEC summons for Gautam Adani to Gujarat court in bribery case: Report
New Delhi: The Central government forwarded a summons from the US Securities and Exchange Commission (SEC) to a Gujarat court for service on industrialist Gautam Adani in connection with a bribery case, The Hindu reported.
The newspaper cited an internal note from the Ministry of Law and Justice, dated February 25, which was sent to a sessions court.
According to the report, the summons was issued by the SEC and forwarded in February under the Hague Convention following a request from the US Central Authority.
The government note, reviewed by The Hindu, stated: "We may, if approved, forward the documents to the District & Sessions Court, Ahmedabad, Gujarat, for effecting service upon the respondent."
The SEC has accused Gautam Adani and his nephew Sagar of orchestrating a bribery scheme involving hundreds of millions of dollars to Indian government officials in exchange for commitments to purchase energy at above-market rates, as per the US regulator’s website.
The SEC has also charged Cyril Cabanes, an executive at Azure Power, for his role in the alleged bribery scheme.
The regulator further claimed that Adani Green secured over $175 million from US investors, while Azure Power’s stock was traded on the New York Stock Exchange.
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