The US Securities and Exchange Commission (SEC) will have to send summons to Adani Group Chairman Gautam Adani and his nephew Sagar through proper diplomatic channels in the alleged $265 million (Rs 2,200 crore) bribery case. Giving this information, sources said that the SEC has no authority to directly issue notice to a foreign citizen.

The SEC wants Adani to clarify his stand on allegations of paying bribes to secure favourable solar power contracts. Two sources aware of the matter said that the request would have to be routed through the Indian embassy in the US as per established protocol and other diplomatic formalities would have to be followed. The US SEC has no jurisdiction over foreign nationals and cannot send them anything by post.

No summons has been served on Adani yet

The Hague Convention of 1965 and the Mutual Legal Assistance Treaty between India and the US govern such cases. According to sources, this summons is part of the legal document filed by the SEC before a New York court and it will take some time to reach Adani. No summons has been served to Adani yet.

Let us tell you, the trial of Gautam Adani and his nephew Sagar and seven others began in a New York court on Wednesday. According to this, these people had agreed to pay bribes of about $ 265 million to Indian government officials between 2020 and 2024 to get favorable solar power supply contracts.

Petition in Supreme Court to investigate the allegations

A new petition has been filed in the Supreme Court demanding an investigation into alleged bribery and fraud charges against industrialist Gautam Adani in the US. The petition states that this move has made the misconduct committed by the group public. This petition has been filed by advocate Vishal Tiwari as an interim application in the petitions filed regarding the Hindenburg dispute.