In order to serve Gautam and Sagar Adani with their complaint, the US Securities and Exchange Commission informed a New York district court that it is requesting assistance from India’s Ministry of Law and Justice.
According to a court document, the US Securities and Exchange Commission has asked Indian authorities for help in its probe of the Adani Group founder Gautam Adani and his nephew Sagar Adani about claims of securities fraud and a $265 million bribery conspiracy.
On Tuesday, the SEC informed a district court in New York that it was still working to serve Gautam and Sagar Adani with its complaint and that it was looking to India’s Ministry of Law and Justice for assistance in doing so.
Both men are currently in India and neither is in US custody.
Adani was charged in an indictment last year by federal prosecutors in Brooklyn with bribing Indian officials to persuade them to purchase electricity generated by Adani Green Energy, a division of his Adani Group conglomerate, anti-corruption measures.
The claims have been deemed “baseless” by Adani Group, which has promised to pursue “all possible legal recourse”.
Adan is thought to be close to Prime Minister Narendra Modi, who leans right. Adani is frequently accused by both opposition lawmakers and others of profiting from his political connections, a charge they both deny.
