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23 Jan 2026
Adani group stocks plunge as U.S. SEC looks to question founder over fraud charges
Summary
Shares of Adani Group companies fell significantly after the U.S. Securities and Exchange Commission (SEC) sought to question founder Gautam Adani and nephew Sagar Adani regarding bribery and fraud charges. The SEC alleges the Adani Group misled investors about compliance with anti-bribery practices while raising capital for energy contracts.
https://www.cnbc.com/2026/01/23/adani-group-shares-sec-investigation-fraud.html