A key point in the conversation is that the charges against Adani and co. are very serious, and the amounts involved are staggering. “In the scheme of indictments that I’m familiar with, with respect to bribery, these are at the top level in terms of the amounts of money that are being discussed,” Jerry said.

Even these projects, all part of India’s Adani Group, barely convey the scale of a conglomerate so intertwined with government priorities that it is almost synonymous with Prime Minister Narendra Modi’s India.

Indian tycoon Gautam Adani said his conglomerate is committed to “world-class regulatory compliance” after being indicted in the U.S. on fraud charges and an alleged bribery scheme worth millions of dollars,