Adani Enterprises CFO Defends Against Bribery Allegations Linked to Single Business Contract
11/23/24, 6:49 PM
Location
indiaMoney
$250 million
Industry
mining
energy
Type
contract
Adani Enterprises' chief financial officer Jugeshinder Robbie Singh defended the group against US authorities' bribery accusations, stating that the allegations pertain to only one contract, accounting for roughly 10% of Adani Green Energy's overall business. The controversy revolves around a solar energy project and project finance entity linked to Adani Green Energy.
Company Info
Location
india
Additional Info
Adani Enterprises is a leading Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat, India. The company is engaged in the businesses of trading, power generation, coal mining, and infrastructure development. Adani Enterprises has a strong presence in multiple sectors and has been expanding its portfolio through strategic acquisitions and partnerships.