India News

Adani Group legal counsel rebuts U.S. indictment claims

New Delhi: Punching holes in the allegations against Adani Group, senior lawyer and former Attorney General of India Mukul Rohatgi today said the group’s founder chairman, Gautam Adani, and his nephew Sagar Adani have not been accused of bribery or obstructing justice in the US. The senior lawyer addressed the media to counter misleading news reports on the US Department of Justice indictment.

“At the very outset, I want to tell you that these are my legal views. I am not a spokesman for the Adani Group. I am a lawyer. I have been appearing for the Adani Group in several cases. I have gone through this indictment by the US Court. There are five charges.

It is very important to note that Count 1 and Count 5 are more important than the others. But neither in Count 1 nor Count 5 is Mr. Adani or his nephew charged.

This is like a chargesheet that charges individuals for specific acts. Count 1 is against certain other persons minus the two Adonis. It includes some officers and one foreign person. The first allegation is a conspiracy to violate the (US) Foreign Corrupt Practices Act. In that, the Adanis are not named,” he said.

Mr Rohatgi said the Adanis and others are named in counts relating to securities and bonds. “In Count 5, which refers to obstruction of justice, the Adanis and their officers are not named.

The Adonis and others will respond to this chargesheet in the manner that they desire; they will also react to stock exchanges. After looking at this chargesheet,” he said, “These are my personal views.”

Source
NDTV

HD News Desk

From local issues to national events and global affairs, Hindustan Dot's news desk covers the latest news and developments from India and the world.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button