Adani Group denies allegations made by US Department of Justice and US Securities and Exchange Commission
The Adani Group has termed as baseless the allegations made by the US Department of Justice and the US Securities and Exchange Commission against the Directors of Adani Green.
Denying the allegations in a statement, the Group pointed out that the US Department of Justice has itself said that the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven guilty.”
All possible legal recourse will be sought, the statement stressed.
“The Adani Group has always upheld and is steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations. We assure our stakeholders, partners and employees that we are a law-abiding organisation, fully compliant with all laws,” it added.
source: Exim News Service: Ahmedabad, Nov. 21