From Our Special Desk : Eastern Chronicle 24×7, The 1st December,2024.
From Special Report:
Adani Group Founder Mr. Gautam Adani responded frist time on Saturday for Allegations by US Authorities, that he was a part of 265 million US dollars bribery schemes. Saying that his port-to-power conglomerate to committed World class Regulatory compliances
This indictment is 2nd Major Crisis to Hit Adani Group in just two years from 2023. Sending shock waves accross India and beyond India. One Indian state is reviewing the power deal with Adani group, France’s Total Energy decide to pause it’s investment , and political rows over Adani have disrupted India’s Parliament.
” Less than 2 weeks back,we faced a set of Allegations from US, about compliance practices at Adani Green Energy. It is not the frist time, we faced such allegations , and faces such challenges “…. Adani said in his speech in an Award Ceremony.
US Authorities have accused Mr. Gautam Adani, his nephew and executive director of Adani Green Mr. Sagar A. Adani, Managing Director, Adani Green, Mr. Vineet S. Jaain, being a part of the bribery schemes and more other Officials to pay Bribes to secure Indian power supply contracts, and misleading US investors during Fundraising from the Country.
However, Adani & Adani’s Group denies all allegations, stated ” baseless ” and vowing to seek ” I’ll possible legal recourse ‘.
” What I can tell you that, every attacks makes Us stronger and every obstacles steps US Up for more resilience to the Adani Group “. He also added, ” in today’s world, negativity spreads more faster than facts, and we work as through the legal process , and I want to reconfirm Our absolute commitments to world class Regulatory compliances “…… As he added without giving a more details.
