Adani group denies bribery charge, says they are baseless
New Delhi (PTI): Adani group on Thursday denied charges of paying bribe to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws.
It said all possible legal recourse will be sought.
"The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied," the group spokesperson said in a statement.
Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay over USD 250 million (about Rs 2,100 crore) bribe to Indian officials in exchange of favourable terms for solar power contracts.
Commenting on the development, the spokesperson pointed to US Department of Justice statement that said "the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven guilty".
"The Adani Group has always upheld and is steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations. We assure our stakeholders, partners and employees that we are a law-abiding organisation, fully compliant with all laws," the spokesperson added.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Elephant attacks man riding his children to school in Belthangady
Belthangady: In a shocking incident, a wild elephant attacked a man and his two children while they were on their way to school on a bike in Shishila village on Wednesday morning. The attack left the trio injured and their bike completely destroyed.
The victim, Vasantha Gowda, a resident of Kallaje in Shishila, was riding his bike to drop his children, Lavya and Advith, at Perla School in Shibaje village. The incident occurred around 8:30 AM when a lone elephant suddenly emerged on a curve in the road.
Startled by the sudden appearance of the animal, Vasantha Gowda braked abruptly, causing the bike to topple. All three fell to the ground, sustaining injuries to their arms and legs. As the elephant advanced, they managed to escape the scene, leaving their bike behind.
The elephant then approached the fallen bike, smashed it with its trunk, and completely crushed it underfoot.
The attack has heightened concerns among residents of Belthangady taluk, where incidents of human-elephant conflict have been rising. Locals have called on the Forest Department to take measures to prevent such encounters and ensure the safety of residents.
