How will Adani navigate bribery allegations? Legal precedents offer clues for future
US District Court and the Securities & Exchanges Commission (SEC) have framed bribery charges against Gautam Adani and other executives of the group. While Adani has categorically denied these accusations, calling them “baseless” and vowing to pursue all legal remedies, the developments have already caused ripples, leading to the cancellation of Adani Green Energy’s US dollar-denominated bond sale.
US District Court and the Securities & Exchanges Commission (SEC) have framed bribery charges against Gautam Adani and other executives of the group. While Adani has categorically denied these accusations, calling them “baseless” and vowing to pursue all legal remedies, the developments have already caused ripples, leading to the cancellation of Adani Green Energy’s US dollar-denominated bond sale.
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