Former Andhra Pradesh Chief Minister Jagan Mohan Reddy has firmly rejected U.S. allegations concerning the Adani Group, asserting that a recent power deal was between government units and had no connection to Adani. Reddy's comments come in the wake of accusations that group executives, including Chairman Gautam Adani, were involved in a $265 million bribery scheme. Reddy threatened legal action, stating he would pursue a ₹100 crore lawsuit against media groups that propagate these allegations. The Adani Group's finance chief has also indicated that the accused would clarify the U.S. allegations within ten days. Reddy's rejection of the charges follows similar denials from the Biju Janata Dal (BJD) party.
पावर डील का अदाणी से कोई लेना-देना नहीं : आंध्र प्रदेश के पूर्व CM जगन रेड्डी ने US के आरोपों को किया खारिज..(1/8) #AdaniGroup | #JaganMohanReddy https://t.co/2qoePyo52K
Watch Live | "Adani has nothing to do with power deal": Former Andhra Pradesh Chief Minister Jagan Reddy (@ysjagan) rejects US charges while speaking to NDTV's @umasudhir https://t.co/WhAiJcyNRX
Adani CFO rejects U.S. allegations that group executives were part of bribery scheme https://t.co/UH5sXuxj8H