(Reuters) – The Adani Green of India appointed independent law firms to examine the American indictment of the founder Gautam Adani and the best leaders of Adani Green to pay $ 265 million in whore for Electricity contracts, he said late Thursday.
In November, the American authorities charged Adani, his nephew and executive director Sagar Adani and the director general Vneet S. Jaain, alleging that they had paid bribes to secure Indian electricity supply contracts and In misleading American investors during fundraising.
The Adani group denied the accusations, calling them “baseless”.
Adani Green did not mention the names of law firms or any other detail.
The company was not appointed defendant in the indictment and the civil complaint and confirmed that it had made all the appropriate disclosure in the past, including in bond supply circulars, a- he said.
Adani Green management continues to assert compliance by the applicable laws and regulations, he added.
