Indian billionaire Gautam Adani, founder of the Adani Group, has spoken out for the first time about recent bribery accusations leveled against him and his company by US authorities. Addressing an audience at an awards ceremony in Jaipur, Adani firmly denied the allegations and emphasized his company’s resilience in the face of challenges.
“These attacks only make us stronger,” Adani declared, adding that his conglomerate remains deeply committed to following all regulations.
What Are the Allegations?
The US Department of Justice (DOJ) recently accused Gautam Adani, along with seven others, including his nephew Sagar Adani and Vneet S. Jaain, managing director of Adani Green Energy, of being involved in a $265 million bribery scheme. According to the DOJ, this scheme aimed to secure Indian power supply contracts while misleading American investors during fundraising efforts.
The Adani Group has categorically denied the accusations, claiming there’s no concrete evidence...
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