Pakistan, May 15 -- Indian billionaire Gautam Adani has agreed to pay a multi-million-dollar civil penalty in a United States (US) court case linked to corruption allegations, according to a company filing released on Friday.

The settlement is connected to a November 2024 indictment filed in New York, which accused Adani and several associates of misleading international investors as part of an alleged bribery scheme tied to solar energy contracts in India.

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US authorities had alleged that the case involved an estimated $250 million scheme aimed at bribing Indian officials to secure lucrative solar power supply deals.

According to a letter submit...