Sri Lanka, Adani Group

US Agency Conducting Due Diligence on Adani’s Sri Lanka Project
Sign up here.A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives.
US development agency 'assessing ramifications' on Adani's Sri Lanka project
The U.S. International Development Finance Corp last November said it would provide $553 million in financing for the port terminal project in Colombo, the capital of Sri Lanka. The project is partly owned by the Adani Group.
US indictment of Adani Group could have implications on projects in Sri Lanka
The financial outlook of several Adani Group companies linked to key projects in Sri Lanka has been downgraded to negative by S&P Global Ratings following corruption and fraud charges filed in the United States.
US agency reviewing Adani Sri Lanka terminal funding: report
US International Development Finance Corporation, a state agency that agreed to finance a port terminal promoted by India's Adani group is conducting due diligence, a media report said, after bribery charges were filed against the group in America.
Adani's Sri Lanka Project Under Scrutiny
The U.S. agency is performing due diligence on Adani Group's involvement in a Sri Lanka project. Bloomberg News suggests this oversight reflects the project's significance and potential implications for U.
US agency reviews $550 mn loan to Sri Lankan Port amid Adani bribery allegations
The U.S. International Development Finance Corporation is evaluating the implications of recent bribery allegations against Gautam Adani, founder of the Adani Group, on its prior commitment to lend over $550 million for a port development project in Sri Lanka.
Adani's Sri Lanka port project under US scrutiny amid bribery allegations
The US International Development Finance Corporation last November said it would provide USD 553 million in financing for the port terminal project in Colombo, partly owned by the Adani Group.
Adani power projects: Bangladesh hiring firm to aid review, Sri Lanka to let Cabinet decide
In value terms, India’s power exports to Bangladesh had crossed $1 billion, almost 10 per cent of India’s total exports to its neighbour.
US Agency Conducting Due Diligence on Adani's Sri Lanka Project, Bloomberg Reports
A U.S. agency that agreed to lend more than $500 million to a Sri Lanka port development backed by the Adani Group said it is still conducting due diligence on the project in the wake of bribery allegations against the group's billionaire founder Gautam Adani and other top executives,
US Agency Still Reviewing Funding Adani’s Sri Lanka Project
Sign up here.A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives.
Island52m
Lanka ‘should be vigilant’ about Adani power deal following US indictment, say experts
Sri Lanka should be vigilant about the Adani power project in the island, experts said, after Federal prosecutors in New York indicted Group Chairman Gautam Adani and seven others on multiple counts ...
Indiatimes2h
US agency reviews impact on Adani's Sri Lanka project
A US agency said on Sunday that it is reviewing the impact of Department of Justice bribery allegations against the founder ...
Factbox-From Australia to Israel, Adani Group projects span the globe
Two major Adani Group projects in Kenya were scuttled after its founder Gautam Adani was indicted by U.S. prosecutors over ...