Adani Group Issues Statement

Adani Group Issues Statement on Bribery Charges, Cancels $600 Million Bond Offering

The Adani Group has called off its $600 million bond offering after the United States Department of Justice (DOJ) and Securities and Exchange Commission (SEC) accused its executives of orchestrating a $250 million bribery scheme. The charges, which allege bribery of Indian officials to secure high-value solar energy contracts, caused...