Gautam Adani Reaction, Gautam Adani US Bribery Charges, Gautam Adani Million Dollars Bribery Charges, Gautam Adani Reaction Bribery Charges: India's billionaire & one of world's richest man Gautam Adani on Thursday broke silence hours after US Department of Justice charged him in a bribery case worth $250 million. US Department of Justice accused Gautam Adani and seven other executives of paying a hefty bribe to Indian Government officials to secure US investment in Solar Energy projects.
Following the allegation, Congress leader & LoP Rahul Gandhi demanded Gautam Adani's arrest and even accused PM Modi of protecting the billionaire. Below is Gautam Adani's official statement released on Adani Group X handle-
Gautam Adani's Reaction to US Bribery Charges
Adani Group Spokesperson in an official note wrote, "The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied.
As stated by the US Department of Justice itself, "the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven guilty. All possible legal recourse will be sought.
The Adani Group has always upheld and is steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations. We assure our stakeholders, partners and employees that we are a law-abiding organisation, fully compliant with all laws."
What are the charges against Gautam Adani?
Breon Peace, United States Attorney for the Eastern District of New York in an official release alleged, "As alleged, the defendants orchestrated an elaborate scheme to bribe Indian government officials to secure contracts worth billions of dollars and Gautam S. Adani, Sagar Adani, and Vneet Jaain lied about the bribery scheme as they sought to raise capital from U.S. and international investors."
Deputy Assistant Attorney General Miller said, "This indictment alleges schemes to pay over $250 million in bribes to Indian government officials, to lie to investors and banks to raise billions of dollars, and to obstruct justice,” stated Deputy Assistant Attorney General Miller. “These offenses were allegedly committed by senior executives and directors to obtain and finance massive state energy supply contracts through corruption and fraud at the expense of U.S. investors."