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India's Adani Group calls US bribery charges 'baseless'

Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaks at the World Congress of Accountants in Mumbai on November 19, 2022.[AFP]

India's Adani Group on Thursday rejected charges made by US prosecutors that its founder Gautam Adani had paid more than $250 million in bribes to secure lucrative government contracts.

"The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied," the conglomerate said in a statement, adding that "all possible legal recourse will be sought".

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