Adani Green says aware of US probe into third party, denies relationship

Posted on:
Key Points

Adani Green Energy said on Tuesday it is aware of a U.S. investigation into potential violations of anti-corruption laws by a "third party", but denied any relationship with the entity...

Adani's comment comes days after Bloomberg News reported that U.S. investigators were probing whether an Adani entity or individuals linked to the company, including founder Gautam Adani, were involved in paying officials in India for favourable treatment on an energy project...

In a statement filed with exchanges, Adani Green said it has no relationship with the third party and is "thus unable to comment" on the scope of the U.S investigation into the alleged dealings...