The Adani Group has denied bribery allegations made by US authorities against its executives. In a filing, the company clarified that its officials are not charged with violating the US Foreign Corrupt Practices Act.

The Adani Group has firmly denied allegations implicating its chairman Gautam Adani, nephew Sagar Adani, and senior executive Vneet Jain in any bribery or corruption charges in the United States. The company clarified that the individuals have not been named in the indictment filed by the U.

Adani Group denies FCPA violations in U.S. bribery case, vows legal defense against charges of securities fraud.

A criminal indictment has been filed before the United States District Court Eastern District of New York by the Department of Justice in the case of USA against Gautam Adani, Sagar Adani and Vineet Jain.

Adani Group shares are set to draw attention on Wednesday, November 27, following Adani Green Energy's clarification that Gautam Adani, Sagar Adani, and Vneet Jaain have not been charged with FCPA violations by the US DOJ or SEC.

Gautam Adani and seven others are accused of bribing Indian officials with USD 265 million to secure solar energy contracts.

The DoJ indictment does not include these executives in any bribery or corruption counts, refuting inaccurate media reports.

The Adani Group has denied bribery allegations leveled by the US Department of Justice and the US Securities and Exchange Commission. Adani Green Ener

In its first detailed response to the US authorities’ indictment, the Adani group has clarified that there are no bribery charges against billionaire Gautam Adani, his nephew Sagar Adani, and Vneet Jaain,

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case,