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Adani Group News: Adani Group Chief Financial Officer Jugeshinder Robbie Singh has issued a statement on social media platform giving clarification amid allegations of bribery on Adani Group. He has clarified that no allegations have been made against any one of the 11 public companies of Adani Group in America. He said that the allegations made regarding a contract of Adani Green Energy are equal to only 10 percent of the total business of the company.
Jugeshinder Roby Singh wrote on social media platform X, You have seen many news regarding Adani Group in the last two days. This is related to the contract of Adani Green Energy which is not even 10 percent of the total business of the company. He said, more details related to this matter will be put forward in detail in the coming days.
Hi All,
You would have seen a lot of news in the last 2 days re @AdaniOnline matters. This specifically relates to one contract of #adanigreen which is roughly 10% of overall business of Adani Green(there is a lot more precise & comprehensive detail of this which we will…
— Jugeshinder Robbie Singh (@jugeshinder) November 23, 2024
He wrote in his post, there are many such news and reports which have tried to make headlines by raising unrelated things. He said, we will respond in detail in the legal filing after reviewing the entire matter. He clarified that Adani Group has 11 public companies or subsidiaries and none of them are defendants in the case filed by the US Department of Justice.
On Thursday, November 21, 2024, it was revealed that Adani Group Chairman Gautam Adani and Adani Green directors have been charged with bribery and bribery by the US Justice Department and the US Securities and Exchange Commission. Allegations of fraud have been made. However, Adani Group has completely rejected all these allegations in a statement and has made it clear that the group will use all legal options.
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