Brief by Shorts91 Newsdesk / 05:33am on 01 Dec 2024,Sunday Business
Gautam Adani, Chairman of the Adani Group, has denied US allegations of paying over $250 million in bribes to Indian officials for solar energy contracts. Speaking at the 51st Gem and Jewellery Awards in Jaipur, Adani declared, “Every attack makes us stronger.” He reaffirmed the group's commitment to regulatory compliance and dismissed the claims as “baseless.” US prosecutors also accused Adani executives of misleading investors about anti-bribery practices. The allegations have sparked political uproar in India, with opposition demanding a probe. The Indian government clarified the issue involves private entities and the US Department of Justice, with no prior notification.
