US regulator seeks to bypass Indian government to serve Adani summons

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The US Securities and Exchange Commission wants to email summons to Indian billionaire Gautam Adani and executive Sagar Adani. This follows India’s refusal to serve the documents twice. The SEC alleges a fraud and bribery scheme involving $265 million. Adani group denies the claims. The SEC believes further attempts through international treaties will fail.

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US regulator seeks to bypass Indian government to serve Adani summons

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