US regulator seeks to bypass Indian government to serve Adani summons

NEW DELHI, India: After two earlier requests were rejected by the Government of India, the U.S. Securities and Exchange Commission has now sought permission from a U.S. court to directly email a summons to Indian billionaire Gautam Adani and group executive Sagar Adani.

The SEC has accused the Adani Group of alleged fraud and a US$265 million bribery scheme.