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Adani US indictment: 'US regulator SEC has no jurisdiction to summon a foreign national'

NEW YORK: The US SEC will have to serve the summons on the Adani group founder and chairman Gautam Adani and his nephew Sagar in the alleged $265 million (Rs 2,200 crore) payoffs through proper diplomatic channels as it has no jurisdiction to summon a foreign national directly, according to sources.

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