Adani Group USA Controversy: The bribery allegations leveled against Adani Group in America remained one of the most discussed topics in India throughout the day. The US Securities and Exchange Commission of the US Department of Justice has alleged that the Adani Group paid more than $265 million ($260 million) in bribes to obtain solar energy contracts in India. Now the former government of Andhra Pradesh also seems to be coming under the scanner of these allegations.
Former Chief Minister of Andhra Pradesh Y S Jagan Mohan Reddy is also surrounded by questions.
The US Securities and Exchange Commission’s indictment alleges that government power supply agreements (PSAs) were obtained by bribing former Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy and other government officials. Among the states where Adani Group is accused of paying bribes, the names of Andhra Pradesh, Odisha, Jammu and Kashmir, Tamil Nadu and Chhattisgarh are coming to the fore.
Former Andhra Pradesh government accused of taking bribe of Rs 1750 crore
According to the allegations of the US Exchange and Securities Commission, Adani Group paid a bribe of Rs 1750 crore (about Rs 231 million) out of Rs 2029 crore ($267 million) to government officials and officials of Andhra Pradesh to get several power contracts in Andhra Pradesh. Can be achieved. It has been said in the New York Court (NYC) about giving money to high ranking officers in Andhra Pradesh. Under this, there are clear allegations that a bribe of 231 million dollars was allegedly given to Andhra Pradesh government officials to get the power supply contract.
Serious allegations of corruption against the former government of Andhra Pradesh
The allegations of corruption against the former YSRCP government of Andhra Pradesh mention bribery and kickbacks between the Adani Group and government officials. Adani & Company has also been accused of paying bribes for the MoUs signed by Adani Group with the former government of Andhra Pradesh.
Major points revealed so far
- The US Justice Department has filed a case against an Indian energy company and its associates for a bribery scheme.
- Adani Group is accused of paying bribes worth thousands of crores of rupees to get power contracts in Andhra Pradesh.
- Top officials including Gautam Adani and Sagar Adani have been made accused in this case.
- The involvement of a senior bureaucrat from Andhra Pradesh is also under investigation.
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