Adani Breaks Silence: Statement on Hindenburg Scandal and US Bribery Allegations | ABP News

For the first time, Gautam Adani, Chairman of the Adani Group, has issued a public statement addressing the ongoing Hindenburg controversy and the bribery allegations raised in the United States. In response to the bribery claims, Adani firmly denied any wrongdoing, stating that no member of the Adani Group is facing charges under the Foreign Corrupt Practices Act (FCPA). The statement comes amid growing scrutiny of the Adani Group's business practices following the Hindenburg report, which accused the conglomerate of stock manipulation and accounting irregularities. Adani's comments seek to reassure investors and the public that the group operates in full compliance with international laws and regulations. He emphasized that the group has always followed ethical business practices and transparency in its operations. The allegations of bribery, particularly those involving foreign officials, have raised concerns in both India and the United States, but Adani's statement aims to quell any doubts about the legitimacy of his business empire. The Adani Group has been at the center of controversy in recent months, with various investigations and reports calling into question its financial dealings and corporate governance. However, Adani’s response highlights the group’s stance against the accusations and its commitment to operating within the legal framework of the countries it operates in. The chairman's public statement marks a crucial moment in addressing the growing concerns over the group's business conduct and its future in the global market.