Gautam Adani breaks silence on US bribery indictment

Gautam Adani denies $265M bribery claims, vows resilience. Allegations spark global fallout as Adani Group faces halted investments, political clashes, and a state power deal review.

Adani Group founder Gautam Adani responded for the first time on Saturday (November 30) to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance.

Speaking at the Gem & Jewellery Awards, the Indian businessman said that "every attack makes us stronger and every obstacle becomes a stepping stone for a more resilient Adani Group,"

The indictment is the second major crisis to hit Adani in just two years, sending shockwaves across India and beyond. One Indian state is reviewing a power deal with the group, France's TotalEnergies TTEF.PA decided to pause its investments, and political rows over Adani have disrupted India's parliament.

Adani Group has denied the allegations, describing them as "baseless" and vowing to seek "all possible legal recourse".

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