Adani, his nephew Sagar Adani, and another Adani Group executive were charged with securities fraud and conspiracy

On Wednesday, Gautam Adani, one of the world's richest men, and seven others were indicted for fraud by US prosecutors over their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.

India's Adani Green Energy said on Tuesday it is aware of a US investigation into potential violations of anti-corruption laws by a "third party", but denied any relationship with the entity

Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project