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Adani Group strongly denies wrongdoing while facing US bribery allegations: Things you should know

Adani Group strongly denies wrongdoing while facing US bribery allegations: Things you should know

Indian billionaire Gautam Adani, his nephew Sagar Adani, and six others face US charges over an alleged $US265 million bribery scheme. The Adani Group, which oversees global infrastructure projects, including in Australia, has issued a statement denying any involvement of the company or its executives in civil or criminal offences and vowed legal action. Corporate litigation lawyer Dr Apurva K Sharma told SBS Hindi that while Adani is indicted, not convicted, the case could harm the conglomerate's reputation. She also praised Australia’s strong laws for safeguarding against corporate fraud.

SBS Hindi · SBS Audio

November 28, 202412m 52s

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Show Notes

Indian billionaire Gautam Adani, his nephew Sagar Adani, and six others face US charges over an alleged $US265 million bribery scheme. The Adani Group, which oversees global infrastructure projects, including in Australia, has issued a statement denying any involvement of the company or its executives in civil or criminal offences and vowed legal action. Corporate litigation lawyer Dr Apurva K Sharma told SBS Hindi that while Adani is indicted, not convicted, the case could harm the conglomerate's reputation. She also praised Australia’s strong laws for safeguarding against corporate fraud.
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