On Nov 20, Gautam Adani, one of the world's richest men, and seven others were indicted for fraud by US prosecutors over their alleged roles in a US$265 million (S$357 million) scheme to bribe Indian officials to secure power supply deals.
Adani has denied all allegations, calling them "baseless".
Group CFO Jugeshinder Singh sought to defend against the allegations on Nov 23, saying none of Adani's 11 public companies is "subject to indictment" or is "accused of any wrongdoing in the said legal filing".
Bu hikaye The Straits Times dergisinin November 24, 2024 sayısından alınmıştır.
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Bu hikaye The Straits Times dergisinin November 24, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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