2024-11-22 08:53:07 :
The White House has confirmed it is aware of bribery allegations against billionaire Adani Group chairman Gautam Adani. Gautam Adani and several others, including nephew Sagar Adani, were indicted in New York for allegedly orchestrating a massive bribery and fraud scheme.
Gautam Adani indicted in US
Gautam Adani, his nephew Sagar Adani and six other co-defendants are accused of bribing Indian government officials approximately $265 million, according to U.S. prosecutors. The payments were reportedly intended to secure lucrative contracts expected to generate $2 billion in profits over 20 years. The purported deal also includes the development of India’s largest solar power plant project.
Adani Group has denied all the accusations, calling them “baseless”. However, Indian government officials have yet to make any comments on the matter.
White House responds to Adani lawsuit
During a media briefing on Thursday, White House press secretary Karine Jean-Pierre addressed the ongoing legal situation surrounding the Adani Group. Jean-Pierre reiterated that the Biden administration was fully aware of the allegations against Adani, but she did not comment further on the specifics of the case.
“We are aware of the allegations and I must ask you to ask the SEC (Securities and Exchange Commission) and the DOJ (Department of Justice) for the specifics of the allegations against the Adani Group,” Jean-Pierre said.
Despite the serious nature of these claims, Jean-Pierre expressed confidence in the stability of the U.S.-India relationship, emphasizing the solid foundation of this bilateral partnership.
US avoids response to ‘strong India ties’
“The relationship between the United States and India is built on extremely strong foundations,” Jean-Pierre noted. “What we believe and are confident in is that we will continue to address this issue as we have with other issues that may arise.”
The press secretary further emphasized that the White House believes that the continued relationship between the two countries is vital and that cooperation covers a wide range of global issues.
Jean-Pierre also assured the media that any details regarding Gautam Adani’s allegations will be handled by the SEC and the Department of Justice, allowing those agencies to comment on the specific details of the investigation.
“We believe that the relationship between our two countries is built on solid foundations,” she concluded.
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