REUTERSThe logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 22, 2024. Most of the alleged bribes - $228 million - were paid to a government official to get Andhra Pradesh's state electricity distribution companies to agree to purchase power, stated the US indictment. A spokesperson for the Adani Group did not immediately respond to a request for comment outside regular business hours. The previous Andhra Pradesh ruling party, YSR Congress Party, last week denied any wrongdoing. French oil major TotalEnergies, which has a 20% stake in Adani Green, halted further investment into the Adani Group on Monday.

Source: bd News24 November 26, 2024 03:04 UTC