Categories: Bribery in Business

Bribery Case: Adani Group denies US allegations, vows legal action and compliance | N18G



Adani Group issued a clarification denying all charges by U.S. officials against its Adani Green directors. The group described the allegations as “baseless” and stated it would pursue all legal avenues. The U.S. Department of Justice confirmed that the charges are merely allegations, and the accused are presumed innocent. Adani Group reiterated its commitment to high standards of governance, transparency, and legal compliance. The indictment involves Gautam Adani, Sagar Adani, and Vneet Jaain, accused of bribing Indian officials with $250 million to secure solar contracts. Adani Green Energy also allegedly raised $3 billion through false statements. Arrest warrants have been issued.
#usa #adani #india #narendramodi #donaldtrump #solar

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