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Thursday, Apr 10, 2025
The tax paid by Adani Group represents a 25 per cent increase from the previous year, when the company paid ₹46,610.
Top news of the day.
The Adani group had denied all charges, calling them 'baseless'.
The company said it had withdrawn its 2023 "request for financing from the US International Development Finance Corporation (DFC)".
The allegations involved securities fraud, wire fraud, and violations of SEC guidelines.
MEA spokesperson Randhir Jaiswal said the Indian government was not informed about the issue beforehand.
No cases regiatered against Adani under US Foreign Corrupt Practices Act (FCPA).
Breon Peace, the US Attorney for the Eastern District of New York, has announced a five-count criminal indictment against Gautam Adani.
The deal was between SECI, and two major players in the field of solar power; Adani Green Energy Limited and Azure Power Global Limited.
Adani and his executives have also been accused of making false and misleading statements to investors and lenders in the United States.
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