Last Wednesday, the authorities in New York charged Asia’s second richest man and Indian billionaire, Gautam Adani, for his involvement in a US$250 million bribery scheme to develop a major solar power plant in India. Prosecutors alleged that Adani and seven other business executives were part of schemes to pay bribes to Indian government officials in exchange for contracts, unknowing to U.S. investors and banks from whom they sought to raise money. It is also alleged that these executives were involved in a conspiracy to conceal the bribery schemes and to prevent the government’s investigation into the matter. According to the Deputy Assistant Attorney General Lisa Miller, ‘[t]hese offences were allegedly committed by senior executives and directors to obtain and finance massive state energy supply contracts through corruption and fraud at the expense of U.S. investors’. Adani is a key ally of Indian Prime Minister Narendra Modi. The political opposition in India have renewed calls for a parliamentary investigation into Adani’s companies. See: https://edition.cnn. com/2024/11/20/business/gautam-adani-indicted/index.html; and https://www.justice.gov/usao-edny/pr/billionaire-chairman-conglomerate-and-seven-other-senior-business-executives-indicted.