In its statement, Total Energies emphasized that it is not targeted by the indictment nor involved in the alleged actions. Total Energies holds a 19.75 percent minority stake in AGEL and a 50 percent joint venture stake in some of its projects. In particular, Total Energies was not made aware of the existence of an investigation into the alleged corruption scheme." Total Energies acquired a minority interest in AGEL in January 2021, now owning 19.75% of the company. The Adani Group also reaffirmed its dedication to high standards of governance, compliance, and transparency across its operations.

Source: dna November 26, 2024 06:40 UTC