Commenting on Gautam Adani from the Adani Group facing fraud charges in the United States, SMU Professor of Marketing Nirmalya Kumar said the latest charges could also throw a spanner in Mr Adani’s global expansion plans linked to the United States. He noted that Mr Adani has been already challenged in Kenya and Bangladesh over a planned takeover of an international airport and a controversial energy deal. Prof Nirmalya added, “Bribing government officials in India is not news, but the amounts mentioned are staggering. I suspect the US has names of some of those who were the intended recipients. This has potential reverberations for the Indian political scene. There is more to come.”
