Adani CFO Defends Group Against US Charges
NDTV
The Adani Group said that none of its 11 public companies are implicated or accused of any wrongdoing.
The Adani Group has clarified that the US government report on the company pertains solely to one specific contract under Adani Green Energy, representing approximately 10 per cent of the subsidiary's business. The conglomerate said that none of its 11 public companies are implicated or accused of any wrongdoing. Hi All,You would have seen a lot of news in the last 2 days re @AdaniOnline matters. This specifically relates to one contract of #adanigreen which is roughly 10% of overall business of Adani Green(there is a lot more precise & comprehensive detail of this which we will…
The Adani Group has strongly condemned the US report, terming it "baseless."
In a post on Saturday, the group's Chief Financial Officer (CFO), Jugeshinder Singh, said no Adani entity is directly involved in any illegal activity."You would have seen a lot of news in the last two days regarding Adani Group matters. This specifically relates to one contract of Adani Green which is roughly 10 per cent of overall business of Adani Green (there is a lot more precise & comprehensive detail of this which we will elaborate in an appropriate forum)," Mr Singh said in the statement.
