Gautam Adani breaks silence on US bribery indictment

– Adani Group founder Gautam Adani on Saturday responded for the first time to allegations by US authorities that he was part of a $265 million bribery scheme, saying his port-to-power conglomerate was world class. is committed to regulatory compliance. This is the indictment. The second major crisis to hit Adani in just two years sent shock waves across India and beyond.. An Indian state is reviewing a power deal with the group, France’s TotalEnergies has decided to halt its investment and political rows over Adani have disrupted India’s parliament.” Less than two weeks. “Long ago, we faced several allegations from the US about Adani’s compliance practices. This is not the first time we have faced such challenges,” Adani said at an award ceremony. In speech said. American authorities have accused Gautham. Adani, his nephew and executive director Sagar Adani and Adani Green managing director Vineet S Jain, were accused of being part of a bribery scheme to secure Indian power supply contracts and misleading US investors during fundraising in the country. On doing denied the allegations, calling them “baseless” and vowing to pursue “every possible legal action.” What I can tell you is