US attorney alleges Adani Group paid $250 million in bribes to secure billions in solar energy contracts, raising serious governance concerns.

By Dhwani Pandya, Shilpa Jamkhandikar and Shivam Patel MUMBAI/NEW DELHI (Reuters) -The finance chief of India's Adani Group on Friday rejected U.S. allegations that executives, including Chairman Gautam Adani,

Adani Group CFO Jugeshinder Singh dismissed allegations of bribery, emphasizing no large cash payments were made. He affirmed the group's commitment to growth and infrastructure projects. The group is addressing accusations with planned denials and maintaining cooperation with US laws.

The finance chief of Adani Group on Friday rejected US allegations that executives, including Chairman Gautam Adani, were part of a $265 million bribery scheme, while the Government said it has not received any US request on the case.

Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,

Maintaining that no bribes were given to government officials to secure contracts, Adani Group's chief financial officer Jugeshinder Singh on Friday said that he would definitely come to know if any l

Adani group executives, including Chairman Gautam Adani, will clarify the bribery allegations over the next 10 days.

(Corrects headline and in paragraph 1 to read to "would clarify matters over the next 10 days" (not "would clarify matters with the U.S. Department of Justice in 10 days") MUMBAI (Reuters) - Adani Group's finance chief said on Friday that individuals accused by U.

Adani Group's CFO refuted U.S. allegations of a $265 million bribery scheme involving Chairman Gautam Adani and other executives. The CFO firmly stated that the claims are baseless and that nothing of that sort happened.