
‘Will study US indictment report, act on it’: CM Chandrababu Naidu on bribery charges against Adani, Jagan Reddy
Hindustan TimesAndhra Pradesh chief minister N Chandrababu Naidu on Friday said that the state government is in possession of the indictment order filed in the United States against industrialist Gautam Adani. The indictment order submitted by US Securities and Exchange Commission alleges that Adani met the then chief minister of Andhra Pradesh in 2021, and offered bribes worth $200 million to state government officials. Highlighting that the allegations involving the YSRCP regime and Adani group, have hurt the prestige and brand image of the southern state, Naidu termed it as a "very sad development". YSRCP rejects allegations Rejecting the charges levelled by the US securities regulator, the YSR Congress Party said its government had no direct agreement with Adani Group and the power sale pact signed in 2021 was between the Solar Energy Corporation of India Ltd and AP Discoms.
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