Adani Denies U.S. Bribery Allegations Affirms Clean Record

  Published 1 year ago

Adani denies U.S. bribery claims, no FCPA charges filed. Investigation ongoing; company rejects claims, focuses on renewable energy growth.

  • U.S. authorities indicted Adani and executives for bribes, misleading investors; the group calls the allegations baseless.
  • SEBI has been investigating the Adani Group since 2023 over tax haven misuse; the company denies wrongdoing, cooperates with probes.
  • Adani aims for 50 GW of renewable energy by 2030, plans $15-20B annual investments to expand power capacity.

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