Chandrababu Naidu says action only after 'concrete proof' in Adani case: Sources
1 week ago

Chandrababu Naidu says action only after 'concrete proof' in Adani case: Sources

India Today  

Andhra Pradesh Chief Minister N Chandrababu Naidu has stressed that more proof was needed to take concrete action in connection with bribery allegations involving Adani Green Energy Ltd and the previous YS Jagan Mohan Reddy government, sources said. The allegations stem from court filings by the US Securities and Exchange Commission, which mentions an alleged meeting between Gautam Adani and the then Andhra Pradesh Chief Minister Jagan Mohan Reddy in 2021, as well as subsequent agreements involving the Solar Energy Corporation of India. However, the US Justice Department claimed that an unnamed Andhra Pradesh government official was offered kickbacks to the tune of Rs 1,750 crore, aimed at facilitating state distribution companies to buy solar power from SECI. In November last year, Naidu spoke about the US allegations of bribery involving the Adani Group and the erstwhile Jagan Reddy's regime, saying his government will "assess the situation" and take action based on the evidence.

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History of this topic

Can’t cancel deal with Adani sans evidence: Naidu
6 days, 11 hours ago

Can’t cancel deal with Adani sans evidence: Naidu

Hindustan Times  

Hyderabad: Andhra Pradesh chief minister N Chandrababu Naidu has said his government cannot unilaterally cancel solar power purchase agreements signed by the previous administration, despite a US federal bribery indictment against billionaire Gautam Adani and his company over allegations connected to the contract. Naidu cited legal complexities surrounding the 7,000-megawatt solar power contract signed with the Solar Energy Corporation of …

State govt doesn’t have info on Adani’s TN visit: RTI reply
3 weeks ago

State govt doesn’t have info on Adani’s TN visit: RTI reply

Hindustan Times  

The Tamil Nadu government on Wednesday said it does not have information regarding Adani Group’s founder- chairman Gautam Adani’s visit to Chennai in July in response to an RTI query regarding officials the industrialist in the city, people familiar with the matter said. A Chennai-based anti-corruption organisation, Arappor Iyakkam, had filed the RTI on December 10 addressed to the directorate …

Adani deal under bribery scrutiny was approved against officials’ advice
3 weeks, 1 day ago

Adani deal under bribery scrutiny was approved against officials’ advice

The Hindu  

The approach from the Solar Energy Corporation of India on September 15, 2021 came out of the blue. Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the State had no short-term need for solar power, and should focus on other renewables that could provide 24-hour energy. The news agency spoke to a former State power …

Why Chandrababu Naidu is wary of calling off Andhra-Adani solar power deal
Trending News
1 month, 1 week ago

Why Chandrababu Naidu is wary of calling off Andhra-Adani solar power deal

India Today  

Andhra Pradesh chief minister N. Chandrababu Naidu is in a dilemma about how the state should respond to the US Justice Department’s indictment of billionaire Gautam Adani in an alleged $250 million scam in India. At the centre of the allegations is a $200 million bribe linked to a 7,000 MW power purchase agreement —described as one of the largest …

Adani case: Lawyer Mukul Rohatgi picks holes in US bribery charges
1 month, 1 week ago

Adani case: Lawyer Mukul Rohatgi picks holes in US bribery charges

India Today  

Picking holes in the US charges against the Adani Group, senior lawyer Mukul Rohatgi on Wednesday said Gautam Adani and his nephew have not been charged with violation of the US Foreign Corrupt Practices Act while another advocate, Mahesh Jethmalani, asserted that the indictment only mentioned a "conspiracy to bribe". Briefing the media, Rohatgi said while the charges mention that …

Adani ‘bribery’ case: Andhra Pradesh likely to suspend Adani Group’s power supply deal
Top News
1 month, 1 week ago

Adani ‘bribery’ case: Andhra Pradesh likely to suspend Adani Group’s power supply deal

Live Mint  

NEW DELHI, Nov 26 - India's Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the U.S. indictment of the group's billionaire founder Gautam Adani over an alleged bribery scheme, two state government sources said. The southern state will ask the federal government and the Solar Energy Corporation of India, which awards …

Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?
Top News
1 month, 1 week ago

Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?

Live Mint  

The Andhra Pradesh state government is reviewing official files and will explore if there is a possibility of cancelling a power supply contract linked to the Adani Group, reported the news agency Reuters, quoting Finance Minister of the State, Payyavula Keshav, on November 26. The indictment release from the US authorities also said that after payment of the alleged bribes …

Adani bribery case: Andhra minister says checking if power deals can be scrapped
1 month, 2 weeks ago

Adani bribery case: Andhra minister says checking if power deals can be scrapped

India Today  

Andhra Pradesh is reviewing government files to explore the possibility of scrapping a power supply contract linked to the Adani Group, Reuters reported. The development comes in the wake of a New York court indicting Adani Group chairperson Gautam Adani and seven others for promising USD 265 million in bribes to states, including Andhra Pradesh, to obtain contracts. Finance Minister …

Adani bribery row: Jagan Reddy's party leader says defector signed SECI papers
1 month, 2 weeks ago

Adani bribery row: Jagan Reddy's party leader says defector signed SECI papers

India Today  

YSRCP leader Chevireddy Bhaskar Reddy slammed former Andhra Pradesh power minister Balineni Srinivas Reddy for his baseless comments against Jagan Mohan Reddy. BALINENI BLAMES JAGAN REDDY Balineni, who quit the YSRCP on September 18 and later joined the Jana Sena Party, recently accused party president and former chief minister YS Jagan Mohan Reddy of wrongdoing. Chavireddy made similar arguments, saying: …

Jagan Reddy embroiled in Adani bribery case: Timeline of meetings, power purchase
1 month, 2 weeks ago

Jagan Reddy embroiled in Adani bribery case: Timeline of meetings, power purchase

India Today  

The United States Securities and Exchange Commission has alleged that Gautam Adani personally met with the then Chief Minister of Andhra Pradesh, Jagan Mohan Reddy, in August 2021, and discussed the matter of the power supply agreement and the `incentives” needed to make the state government enter into a deal for purchase of 7,000 MW of power. KEY ALLEGATIONS AND …

Adani case fallout: CM Naidu promises action
1 month, 2 weeks ago

Adani case fallout: CM Naidu promises action

Hindustan Times  

Andhra Pradesh promised on Friday to look into and “act” on charges that the Adani Group and its top executives paid massive bribes in the state for solar power contracts, while the Congress vowed to press for action in Parliament and global banks began reviewing fresh credit to the conglomerate, as fallout intensified from the US indictment of Gautam Adani …

‘Will study US indictment report, act on it’: CM Chandrababu Naidu on bribery charges against Adani, Jagan Reddy
Trending News
1 month, 2 weeks ago

‘Will study US indictment report, act on it’: CM Chandrababu Naidu on bribery charges against Adani, Jagan Reddy

Hindustan Times  

Andhra 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 …

Gautam Adani bribery case: No direct agreement involved, says Jagan Reddy’s YSRCP over charges of power purchase
1 month, 2 weeks ago

Gautam Adani bribery case: No direct agreement involved, says Jagan Reddy’s YSRCP over charges of power purchase

Live Mint  

Gautam Adani bribery case: The YSR Congress party has said that its government in Andhra Pradesh had no direct agreement with Adani Group. Former chief minister Jagan Mohan Reddy-led party's reaction came in response to Adani Group getting indicted by the US Department of Justice for allegedly paying bribes for solar power contracts in Andhra Pradesh during YSRCP rule. In …

Will assess, act on alleged Jagan Reddy-Adani bribery link: Chandrababu Naidu
1 month, 2 weeks ago

Will assess, act on alleged Jagan Reddy-Adani bribery link: Chandrababu Naidu

India Today  

Andhra Pradesh Chief Minister Chandrababu Naidu on Friday addressed the US allegations of bribery involving the Adani Group and the erstwhile YS Jagan Mohan Reddy regime, saying his government will "assess the situation" and take action based on the evidence. The allegations stem from court filings by the US Securities and Exchange Commission, which claim that industrialist Gautam Adani met …

Adani bribery charge sparks political storm: Centre, states react to US claims
1 month, 2 weeks ago

Adani bribery charge sparks political storm: Centre, states react to US claims

India Today  

Four states - Andhra Pradesh, Chhattisgarh, Odisha and Tamil Nadu - and one Union Territory, Jammu and Kashmir, came into focus after US prosecutors indicted industrialist Gautam Adani and seven others for allegedly paying bribes to Indian government officials for securing solar power contracts. ANDHRA PRADESH Andhra Pradesh Chief Minister Chandrababu Naidu on Friday addressed the US allegations of bribery …

Will study US 'chargesheet reports', act on it, says Andhra CM Naidu on Adani bribery case
1 month, 2 weeks ago

Will study US 'chargesheet reports', act on it, says Andhra CM Naidu on Adani bribery case

New Indian Express  

VIJAYWADA: Emphasising that the State government has access to the ‘chargesheet reports’ filed in the US in connection with the bribery case involving the previous YSRCP government and the Adani Group, Chief Minister N Chandrababu Naidu on Friday promised to act on the irregularities. Speaking in the State Legislative Assembly after some members demanded action against YSRCP president and former …

Jagan Reddy turned Andhra into Adani Rashtra: YS Sharmila takes aim at brother
1 month, 2 weeks ago

Jagan Reddy turned Andhra into Adani Rashtra: YS Sharmila takes aim at brother

India Today  

In a no-holds-barred attack, Congress leader YS Sharmila accused former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Wednesday of corruption in connection with allegations of bribery involving industrialist Gautam Adani. "If Adani is defaming India, Jagan Mohan Reddy is defaming Andhra Pradesh," Sharmila said at a press conference. Sharmila also claimed that Jagan Mohan Reddy handed key infrastructure …

Adani Bribed AP Under Jagan Rule for Sale of Solar Power, Says US DoJ
1 month, 2 weeks ago

Adani Bribed AP Under Jagan Rule for Sale of Solar Power, Says US DoJ

Deccan Chronicle  

Hyderabad:Tremors of the alleged bribery scam involving top industrialist Gautam Adani were felt in Andhra Pradesh with the previous Y.S. The US Department of Justice has disclosed that a high-ranking official in AP who served between May 2019 and June 2024 was offered “a corrupt payment of Rs 1,750 crore in exchange of the official causing distribution companies to agree …

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report
Trending News
1 month, 2 weeks ago

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report

Hindustan Times  

The United States Securities and Exchange Commission has alleged that billionaire tycoon Gautam Adani met then-Andhra Pradesh chief minister YS Jagan Mohan Reddy in August 2021. Gautam Adani and Jagan Mohan Reddy SECI is a public sector entity and arm of the Indian government responsible for implementing Centre schemes related to renewable energy, including funding large solar projects. According to …

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report
1 month, 2 weeks ago

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report

Hindustan Times  

The United States Securities and Exchange Commission has alleged that billionaire tycoon Gautam Adani met then-Andhra Pradesh chief minister YS Jagan Mohan Reddy in August 2021. The meeting was about the fact that the southern state had not entered into a power supply agreement with the Solar Energy Corporation of India and the “incentives” needed to cause Andhra Pradesh to …

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report
1 month, 2 weeks ago

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report

Hindustan Times  

The United States Securities and Exchange Commission has alleged that billionaire tycoon Gautam Adani met then-Andhra Pradesh chief minister YS Jagan Mohan Reddy in August 2021. Gautam Adani and Jagan Mohan Reddy SECI is a public sector entity and arm of the Indian government responsible for implementing Centre schemes related to renewable energy, including funding large solar projects. According to …

If Adani company 'bribed' officials in India, what is the US probe all about?
1 month, 2 weeks ago

If Adani company 'bribed' officials in India, what is the US probe all about?

India Today  

Adani Group chairperson Gautam Adani was among eight people indicted by US prosecutors for allegedly paying Rs 2,029 crore in bribes to officials for solar power contracts in four Indian states and one union territory. Gautam Adani, Sagar and six others have been indicted for allegedly paying bribes to officials in India for securing solar power contracts with state electricity …

Vindicates demand for JPC probe: Congress on US indicting Adani over alleged bribery, fraud
1 month, 2 weeks ago

Vindicates demand for JPC probe: Congress on US indicting Adani over alleged bribery, fraud

New Indian Express  

NEW DELHI: With billionaire Gautam Adani charged in the US with alleged bribery and fraud, the Congress on Thursday said it "vindicates" its demand for a Joint Parliamentary Committee investigation into the various "scams" involving his conglomerate. Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay over USD 250 million bribe to …

Adani bribe row: US indictment names Andhra, Chhattisgarh, Odisha, J&K, Tamil Nadu
1 month, 2 weeks ago

Adani bribe row: US indictment names Andhra, Chhattisgarh, Odisha, J&K, Tamil Nadu

India Today  

Four states and one Union Territory are in focus following the US indictment of Gautam Adani and seven others for allegedly paying bribes to Indian government officials for securing solar power contracts. The prosecutors have alleged that the Adani Group paid USD 265 million in bribes, with a large chunk directed at officials in Andhra Pradesh, to secure contracts with …

US complaint says Adani met and promised Rs 1750 crore bribe to Jagan Mohan Reddy; YSRCP calls it 'incorrect'
1 month, 2 weeks ago

US complaint says Adani met and promised Rs 1750 crore bribe to Jagan Mohan Reddy; YSRCP calls it 'incorrect'

New Indian Express  

‘Bribe prompted AP Discoms to purchase power from SECI’ "In August 2021, Gautam Adani met the Chief Minister of Andhra Pradesh about the fact that Andhra Pradesh had not entered into a Power Supply Agreement with SECI and the “incentives” needed to cause Andhra Pradesh to do so. At or in connection with that meeting, Gautam Adani paid or promised …

Cash-for-vote scam case: Relief to Andhra CM Chandrababu Naidu as Supreme Court junks pleas
4 months, 2 weeks ago

Cash-for-vote scam case: Relief to Andhra CM Chandrababu Naidu as Supreme Court junks pleas

India TV News  

Cash-for-vote scam: The Supreme Court has granted relief to former Andhra Pradesh Chief Minister N Chandrababu Naidu in the prominent cash-for-vote scandal. The Supreme Court’s ruling supports the earlier High Court decision, which had also rejected Reddy's attempt to involve Naidu in the scandal. The cash-for-vote scandal involves allegations against TDP MLA A Revanth Reddy and others, who are accused …

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