New Delhi: Adani group in a brief statement called the allegations made by the US Department of Justice and the US Securities Exchange Commission baseless and denied them. The ports-to-retail conglomerate cited the US DoJ’s statement to say that the charges were allegations. It said the defendants are presumed innocent until proven guilty.
Adani Group said it will take all possible legal recourse in the matter. The group reiterated its commitment to governance, transparency, and compliance. Adani Group said this applies to its operations irrespective of jurisdiction. The compoany spokesperson sought to reassure shareholders, partners and staff members that it was in compliance with laws and a law-abiding organisation.
Adani Group Spokesperson says, “The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied. As stated by the US Department of Justice itself, “the charges in the indictment are… pic.twitter.com/rSuxuHTFUo
— ANI (@ANI) November 21, 2024
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