The Adani Group strongly responded to the criminal indictment by the US DOJ, rejecting claims that key executives were involved in bribery.

Gautam Adani faces a criminal charge of foreign bribery, independent of the three existing charges against him; and to remove and replace language describing the three charges and their potential penalties in paragraph 20) Gautam Adani,

Gautam Adani, Sagar Adani, and senior executive Vneet Jaain have not been accused with violating the US Foreign Corrupt Practices Act (FCPA), according to a statement released by Adani Green Energy Ltd (AGEL).

BENGALURU (Reuters) -Indian billionaire Gautam Adani's indictment by U.S. authorities for his alleged role in a $265 million bribery scheme has sent shockwaves through his eponymous ports-to-soybeans conglomerate.