A new twist in the Gautam Adani bribery case, a statement from the group's CEO is out

Gautam Adani: The US prosecutors' bribery complaint against Adani Group chairman Gautam Adani and his son-in-law Sagar Adani has taken a new twist. Adani Group Chief Financial Officer (CFO) Jukeshinder Singh on Friday said: Talk of bribing government officials to get contracts is completely false. He said that if any large amount is paid, he will definitely know about it. Speaking to the media at an event at financial services platform Trust Group, Jukeshinder Singh said the US allegations were not an attack on the group, “We are 100 per cent aware that there is no such case. This is because if you are paying someone such a huge amount, I know for sure,'' he said in a 'distinctive exercise of judicial power'. He added that this was not an attack on the group. Adani Group's CFO said that the persons named in the allegations will respond to the allegations at an appropriate forum. After these allegations in the US, no bank approached the group for a review. Everyone is willing to give what the team needs to build the infrastructure. He said, “Basically our bank partners understand that we don't need their money. We don't need it. So we get it.” Also Read: Man Eats 'Banana' Bought for Rs 52 Crore, Says How He Tasted Adani Group Has Ability to Repay Loans, Says Jukeshinder Singh 30 months is sufficient for Adani Group to repay its debt obligations. Nearly three billion dollars in debt must be paid off in the next 12 months. He expressed confidence that most banks would provide financing to repay this loan. He said the Adani group wanted to raise as much debt as possible in Indian rupees from domestic markets, but lacked long-term funding for long-term infrastructure projects and had to go to the US. However, the Adani Group is trying to increase the capacity of domestic markets to support such projects through tools like retail. Also Read: 'Arrest Bill Gates!' The viral video is trending and he said he was with Gautam Adhani in London when the allegations became public and he was surprised. Regarding the issue of cancellation of power purchase agreement in Andhra Pradesh, he said that nothing like that happened. They will be happy if this happens. This is because if the contract with the Andhra Pradesh government is cancelled, electricity can be sold at a higher price. Also Read: Bihar Politics: This assembly has become Bhagalpur's hot seat, both JDU and LJP are closely watching… The post Gautam Adani bribery case takes a new turn, CFO report of the group is out. Kabar.