Indictment row: Adani Group clarifies no bribery charges against Gautam Adani, Sagar Adani and Vneet Jaain

  • Posted on November 27, 2024
  • By Business News Today
  • 3 Views
Indictment row: Adani Group clarifies no bribery charges against Gautam Adani, Sagar Adani and Vneet Jaain

Adani Green Energy clarified that Gautam Adani, Sagar Adani, and Vneet Jaain are not charged with bribery under the US Foreign Corrupt Practices Act, according to a US Department of Justice indictment. The DOJ's charges relate to alleged securities and wire fraud, not bribery or obstruction of justice. The company emphasized that only Azure Power officials and a Canadian investor face bribery-related charges.
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