Adani Green Energy Ltd announced that an independent review made by external law firms did not find breach or irregularities related to the accusations of American bribery against its founder Gautam Adani and the senior executives. | Photo credit: given Ruvic/Reuters
Adani Green, the renewable energy arm or the Adani Group, declared that its “independent review” of the American accusation of its founder, Gautam Adani, and the senior executives of Adani Green are fond of paying bribes for the regulation of energy.
“To defend the principles of good governance, the law firms designated by the company have an independent review to evaluate and evaluate the breach related to the evaluation, if there is, in this matter, in this matter so independent or non -superpulary, not complementary, Adani Green, as part of the results of the fourth quarter announced Monday night.
The United States Department of Justice (DOJ) and the stock exchange and values commission (SEC) had filed an accusation and a civil complaint in the New York District Court against Gautam Adani, its nephew Sagar Adani and Vineet Jain, Key Executives of Adani Green Energy Ltd, for its alleged role in a Bibiberian scheme of 265 million USD to ensure state state contracts.
“According to the independent review mentioned above, the Management of the company has concluded that the holder and the subsidiaries have complied with the applicable laws and regulations, and the pending procreations as indicated above are not expected to those who have the material and the havio and the material and the material and, therefore, no adjustments have been made to these consolidated financial results in this regard.”
Meanwhile, the company’s board of directors, at a meeting held on Monday night, re -elected Vneet Jain as Managing Director of Adani Green for a consecutive period of five years, as of July 10.
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Posted on April 29, 2025
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