Birdwatch Note Rating
2024-11-27 09:59:24 UTC - HELPFUL
Rated by Participant: E4C643B64AA67FEB42500A25C46DF11CB57224F0FEB27D2A45E97BA4478DC888
Participant Details
Original Note:
Misleading. DoJ & SEC explicitly accuse Adanis & Jaain of bribery, citing evidence, some from Sagar Adani, & indict them for Securities & Wire Fraud. https://www.sec.gov/newsroom/press-releases/2024-181 https://www.justice.gov/usao-edny/pr/billionaire-chairman-conglomerate-and-seven-other-senior-business-executives-indicted https://www.cnbctv18.com/market/adani-bribery-case-sagar-adani-was-served-grand-jury-subpoena-in-2023-electronic-devices-seized-as-per-court-stock-reaction-19512388.htm Bribery of Indians by Indians won't be indicted in US. FCPA charges don't apply as Adanis & Jaain are not US citizens. https://www.justice.gov/usao-edny/media/1377806/dl?inline https://www.berklee.edu/administration-and-finance/foreign-corrupt-practices-act-protocol
All Note Details