Adani Group accused of illegally diverting â¹1,500 crore
Indian customs intelligence has accused Adani Group of fraudulently siphoning $235 million (â¹1,500 crore) to offshore accounts by submitting inflated bills from an electricity project. Billionaire Gautam Adani-led group allegedly ordered equipment worth hundreds of millions of dollars for the project using a Dubai shell firm. The firm then sold the same equipment to Adani Group at inflated prices.