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Gautam Adani, Sagar Adani Agree to Pay Fine in US Civil Fraud Case: Report

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Gautam Adani, Sagar Adani Agree to Pay Fine in US Civil Fraud Case: Report

Industrialist Gautam Adani and nephew Sagar Adani facing charges of civil fraud in the US have agreed pay $18 million as fine to settle the case, American media reported on Friday. Subject to the court's approval, the charges initiated by Department of Justice (DoJ) and Securities Exchanges Commission (SEC) will be dropped. Adani is accused in the US of defrauding…

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