How Adani corruption allegations could hurt the Indian economy

This is not the first time the company has faced serious allegations.

WrittenBy:Pooja Prasanna
Date:
   

The Adani Group has been accused of bribing Indian officials to secure solar energy contracts at inflated rates. The group was earlier accused of selling low-grade coal at inflated prices, and the Hindenburg Research and OCCRP reports had alleged the use of offshore shell companies to manipulate stock prices.

In this week’s Let Me Explain, Pooja Prasanna breaks down the allegations, and explains how the case could impact the Indian economy.

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