YS Jagan Mohan Reddy denies bribery allegations amid US fraud case against Gautam Adani

The claims are based on hearsay and there was no evidence that he or others in his government took bribes, the former Andhra Pradesh chief minister said.

YS Jagan Mohan Reddy denies bribery allegations amid US fraud case against Gautam Adani

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Former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Thursday rejected allegations that the Adani Group had paid or promised bribes to state officials during his government’s tenure, The Hindu reported.

“Incentives were never offered to me by anyone, nor can anyone dare to do so,” the YSR Congress Party chief said at a press conference.

The bribery claims were based on hearsay, Reddy said, adding that there was no evidence suggesting that he or anyone else in his administration at the time had accepted bribes.

Reddy also noted that his name was not mentioned in the indictment documents filed in a United States court against industrialist Gautam Adani, among others.

Reddy’s YSR Congress Party was in power in Andhra Pradesh between 2019 and early June when it lost the Assembly polls.

On November 20, the US Attorney’s office for the Eastern District in New York indicted Gautam Adani, who is the chairperson of the Adani Group, in a $265 million bribery and fraud case.

In a filing, the United States’ markets regulator Securities and Exchange Commission alleged that Andhra Pradesh’s previous YSR Congress government had been paid or promised a bribe of nearly $200 million, or Rs 1,750 crore, by Gautam Adani and Sagar Adani, in exchange for power supply agreements.

The regulatory body alleged that Gautam Adani met...

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