US SEC Requests Assistance from Indian Authorities in Adani Bribery Probe

The U.S. Securities and Exchange Commission (SEC) has requested assistance from Indian authorities in its investigation into Adani Group founder Gautam Adani and his nephew, Sagar Adani, over allegations of securities fraud and a $265 million bribery scheme, according to a court filing made public on Tuesday.

The SEC informed a New York district court that it was working to serve its complaint to Gautam Adani and Sagar Adani and was seeking help from India’s law ministry to carry out this process.

Neither individual is in U.S. custody, and both are currently in India. In its court filing, the SEC mentioned it had sought help “under the Hague Service Convention.”

Last week, Prime Minister Narendra Modi stated that he did not discuss the Adani case with U.S. President Donald Trump during his visit to Washington, calling it a personal matter that was not addressed by the leaders.

In 2024, federal prosecutors in Brooklyn revealed an indictment accusing Gautam Adani of bribing Indian officials to secure the purchase of electricity from Adani Green Energy, a subsidiary of his Adani Group. The indictment further alleges that he misled U.S. investors about the company’s anti-corruption practices.

Adani Group has denied the allegations, calling them “baseless” and vowed to pursue “all possible legal recourse.” In January, Adani Green announced it had enlisted independent law firms to review the U.S. indictment.

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