Birdwatch Note Rating
2024-11-28 13:47:43 UTC - HELPFUL
Rated by Participant: F719DD1C4A8E68DADBEA39F889AAD43B0AF709B77C284CA79849F7436888F06A
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