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'Bribe notes' with rates: Filings detail Sagar Adani's role in scandal

Business Standard LogoBusiness Standard9h ago

'Bribe notes' with rates: Filings detail Sagar Adani's role in scandal - Business Standard

Quick Summary:

In a statement, Adani Group said the allegations made by US authorities in criminal and civil cases were "baseless and denied," adding that it would seek "all possible legal recourse.

In discussing how the bribery scheme was moving along in 2020, Sagar Adani remarked in a WhatsApp message: "Yup…but the optics are very difficult to cover.

Sagar Adani was also instrumental, the court filings show, in recouping some of the bribe money he paid out from others involved in the scheme.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 07:29:16 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 855 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23751910

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 300 posts per day

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Headquarters: India

News Last Updated: 2 hours ago

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Publisher ID: #49

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