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Adani Group CFO rejects bribery allegations, India says no US...

The finance chief of India's Adani Group has denied U.S. allegations that executives, including Chairman Gautam Adani, were part of a $265 million bribery scheme. The Indian government has stated that it has not received any U.S. request on the case. U.S. authorities accused Adani, his nephew, and an executive director, as well as the managing director of Adani Green, of being involved in a scheme to pay bribes to secure Indian solar power supply contracts. Adani Group shares have rebounded after initially losing $34 billion in value following the U.S. indictments.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14140881/Adani-Group-CFO-rejects-bribery-allegations-India-says-no-US-request-case.html
Source Id: 8435049086

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