‘This is the price of our progress’, Gautam Adani said for the first time on the allegations made in America
Gautam Adani, chairman of Adani Group and India’s second richest person, has spoken for the first time on the allegations made in America. While addressing the 51st edition of India Gem and Jewelery Awards in Jaipur, Gautam Adani said many big things regarding the allegations against his company in America.
What did Gautam Adani say
At this awards function, Gautam Adani said that most of you must have read that two weeks ago, we faced allegations from the US regarding compliance practices at Adani Green Energy. Had to do. This is not the first time that we have had to face such challenges. Let me tell you, every challenge makes us stronger. Every obstacle becomes a stepping stone for Adani Group. He further said that every political opposition gives us more strength. Gautam Adani further said that let me tell you that in this case no one from the Adani side has been accused of any violation of FCPA or any conspiracy to obstruct justice. There is a price for growth
On this subject, Gautam Adani further said that in today’s world negativity spreads faster than facts. We work through the legal process. I would like to reaffirm our full commitment to world-class regulatory compliance. However, the obstacles we have to face in these few years are the price of our progress. He further said that the bolder your dreams are, the more the world will scrutinize you.
What were the allegations in America
Actually, New York in America Seven people including Gautam Adani were accused of bribery and fraud worth $265 million (about Rs 2250 crore) in a Delhi court. These seven, including Gautam Adani, were accused of offering bribes worth more than $265 million to officials to get a $2 billion solar power plant project over the next 20 years. < /p>
However, Adani Group has rejected all these allegations outright. The company had clarified that no charges have been filed against its chairman Gautam Adani, his nephew Sagar Adani and Vineeta Jain under FCPA. Adani Green Energy Limited They said that Adani Group completely rejects these allegations and will defend itself through legal measures.
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