Adani Case| Mahesh Jethmalani: There Is No Allegation Of Bribery In India

#MaheshJethmalani #AdaniGroup #BriberyCase #AdaniNews #AdaniIndictment
Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani slammed the indictment against the Adani Group in the US called the indictment as speculative and lacking evidence. “There is no allegation of bribery in India. The charge only speaks of a conspiracy to bribe, with no tangible proof,” Jethmalani stated. He explained that the case revolves around bond issuances by Adani Green Energy, where the DOJ claims bondholders were not informed of potential violations. “This is an inference, not evidence. No infraction of Indian law is cited,” he added. DOJ indictment accuses Azure Power Global Ltd. and CDPQ officials of conspiring to obstruct justice and engaging in bribery schemes. However, Rohatgi clarified, “Neither the Adanis nor their officers are named in these counts. The charges pertain to other foreign entities.”

#Businessnews #USDoJ #LegalAnalysis #FCPA #AdaniUpdates #BreakingNews #InternationalPolitics #MarketImpact #CorruptionCase #adanifraud #adanibriberycase
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