New Delhi, Nov 21 Adani Group on Thursday denied the allegations leveled by the US Department of Justice (DOJ) and the US Securities and Exchange Commission (SEC) against the directors of its subsidiary Adani Green and said that all possible legal remedies will be explored.
An Adani Group spokesperson said in a statement, “The allegations leveled by the US Department of Justice and the US Securities and Exchange Commission against the directors of Adani Green are baseless.”
The spokesperson said, “As the US Department of Justice itself has said, there are allegations in the indictment and the defendants are presumed innocent until proven guilty.”
The company spokesperson further said, “Adani Group has always been committed to maintaining the highest standards of governance, transparency and regulatory compliance in all areas of its operations.”
The spokesperson said, “We assure all our stakeholders, partners and employees that we are a law-abiding organisation that is fully compliant with all laws.”
Meanwhile, BJP leader Amit Malviya called the case a mere abuse of jurisdiction and said, “An Indian court can also on legitimate grounds accuse US companies of bribing US government officials to deny access to Indian markets. We should let the law do its work. Also, the corporates involved in the case should be allowed to defend themselves in the domestic politics of a foreign country. We should not interfere in the case.”
BJP leader Sambit Patra said that we have been seeing an issue related to a company in the media since morning.
Patra further said, “A case is going on against the company in the US. Allegations and counter-allegations are going on. We clearly believe that as far as the company and the case against it are concerned, the company will defend itself by issuing statements. The law will do its work.”
