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Adani Green's CFO downplays US bribery charges
Adani Group CFO Clarifies Deal That Led to Indictment in the US
Adani Group has cleared the air on the indictment of Indian billionaire Gautam Adani by a federal grand jury in the United States over fraud allegations. In a statement on Saturday, October 23, Adani Group Chief Financial Officer (CFO) Jugeshinder Robbie Singh explained that the charges against Adani are related solely to one of its companies,
Adani CFO says US charges linked to only one business contract
A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing,
Adani Green’s CFO downplays US bribery charges, says allegations linked to a single contract
On Wednesday, Adani, one of the world’s wealthiest individuals, and seven others were charged by US prosecutors in connection with a $265 million scheme to bribe Indian officials for power-supply contracts.
Gautam Adani, India
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery
How Indian Billionaire Gautam Adani's Alleged Bribery Scheme Took off and Unraveled
Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen/File Photo NEW YORK (Reuters) - In June of 2020,
Meet Gautam Adani, the Indian billionaire and business tycoon who was just charged in a massive bribery case in the US
Gautam Adani, the world's 18th-richest person, came under scrutiny from both US prosecutors and a major short-selling group in recent years.
Bloomberg L.P.
12h
Adani to Respond to US Bribery Allegations After Legal Review
The
Adani
Group will respond to bribery allegations leveled by the US after a detailed legal review and once it has secured ...
Press Trust of India on MSN
1m
None of Adani portfolio cos subject to any legal case: Group CFO on promoter indictment in US
None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO ...
20h
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...
10h
Adani Shock Exposes ESG Fund Managers Clinging to ‘Terrible’ Bet
The fact that hundreds of ESG funds are still exposed to Adani Green is “surprising,” according to Mohit Mirpuri, a portfolio ...
4h
Everything we know about US indictment of Indian billionaire Gautam Adani
Indian billionaire Gautam Adani has been slapped with criminal fraud charges in the US for allegedly orchestrating a $250m ...
4h
Indian Billionaire Adani Down Again, But Not Out
Indian billionaire Gautam Adani's feverish push to expand his global energy and infrastructure empire has been knocked by US bribery charges, but analysts believe the tycoon will bounce back.
1d
on MSN
Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
Federal prosecutors said a consultant created multiple presentations, including one discussing how to reimburse Adani for the ...
20h
on MSN
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
8h
on MSN
Adani CFO Defends Against US Charges, Says Linked to One Business Contract
NEW DELHI (Reuters) - A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green ...
2h
on MSN
Gautam Adani, Sagar Adani summoned by US SEC to explain their stand: Report
Adani Group Chairman Gautam Adani and his nephew Sagar Adani have been reportedly summoned to explain their stand on the US ...
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