Adani US indictment: Allegations against Andhra Pradesh officials hurt state’s image, says CM

The United States Securities and Exchange Commission claimed that the Adani Group bribed officials during former chief minister YS Jagan Mohan Reddy’s tenure.

Adani US indictment: Allegations against Andhra Pradesh officials hurt state’s image, says CM

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Allegations by authorities in the United States that the Adani Group paid or promised a bribe to officials in Andhra Pradesh during the previous government’s tenure hurt the state’s brand image, Chief Minister N Chandrababu Naidu said on Friday, according to The Indian Express.

Naidu, in his first reaction to the allegations, said that the state government will study the United States’ indictment reports, and will take action against any irregularities.

Commenting on some members of the ruling National Democratic Alliance seeking action against former Chief Minister YS Jagan Mohan Reddy, Naidu said: “It is sad. Our prestige has been hurt.”

On Thursday, the United States’ Securities and Exchange Commission said that in August 2021, Adani Group chief Gautam Adani met Reddy to discuss the state not having entered into a power supply agreement with Solar Energy Corporation of India and asked about the “incentives” that would push the government to do so.

The commission said that Gautam Adani’s nephew Sagar Adani also met the former chief minister on September 12, 2021. Adani Group company Adani Green, along with another company named Azure Power, stood to benefit from such an agreement, according to the regulatory body.

“Post these meetings, the Adanis [Gautam and Sagar] paid or promised a bribe to AP government officials...

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