US SEC summons Gautam Adani in Rs2,200 Crore bribery case

  • If you fail to respond, judgment by default will be entered against you for relief demanded in the complaint: Notice

NEW DELHI: A close aide of Indian Prime Minister Narendra Modi, Gautam Adani and his nephew Sagar have been summoned by US Securities and Exchange Commission (SEC) of paying Rs2,200 crore in bribes to secure lucrative solar power contracts.

Summons have been sent to Adani group founder and chairman Gautam Adani’s Shantivan Farm residence in Ahmedabad and his nephew Sagar’s Bodakdev residence in the same city for a reply to SEC within 21 days.

“Within 21 days after service of this summons on you (not counting the day you received it)…you must serve on the plaintiff (SEC) an answer to the attached complaint or a motion under Rule 12 of the Federal Rules of Civil Procedure,” said a November 21 notice sent through the New York Eastern District Court.

The notice added that “If you fail to respond, judgment by default will be entered against you for the relief demanded in the complaint. You also must file your answer or motion with the court.”

Gautam Adani, 62, and seven other defendants, including his nephew Sagar, who is a director at the group’s renewable energy unit Adani Green Energy Ltd, has agreed to pay about Rs 2200 crore in bribes to Indian government officials between approximately 2020 and 2024 to obtain lucrative solar energy supply contracts on terms that expected to yield USD 2 billion of profit over 20 years, according to an indictment unsealed in a New York court.

Mobile internet ban extended in seven Manipur districts

The Manipur government has extended the suspension of mobile internet and data services in seven districts for an additional two days.

The ban, which will remain in effect until 5:15 pm on November 25, applies to both valley and hill districts, including Imphal West, Imphal East, Bishnupur, Thoubal, Kakching, Kangpokpi, and Churachandpur.

Officials from the Home Department confirmed that the extension was issued despite no recent incidents being reported in these areas. The measure aims to maintain peace and prevent any potential unrest.

Separately, Manipur police arrested two more individuals in connection with the November 16 vandalism and arson at legislators’ residences in the Imphal Valley. This brings the total number of arrests for the incidents to 34, according to a senior police officer.

The arrests and extended internet ban reflect ongoing efforts by authorities to stabilize the situation in the region and prevent further disruptions.

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