Adani Green Energy said that contrary to media reports, its chairman Gautam Adani and his aides have not been charged for violating the U.S. Foreign Corrupt Practices Act.

The ports-to-power conglomerate founded by Gautam Adani has been accused of violating the Foreign Corrupt Practices Act by allegedly bribing Indian government officials to secure solar energy project

In its filing, AGEL has cited the news reporting by various media houses on the bribery and corruption charges against Adani Officials as ‘Incorrect’.

The Adani Group is one of India's largest infrastructure players with sizeable operations in the global energy and logistics space.

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

The Adani Group has refuted the alleged bribery allegations made by the US Department of Justice and the US Securities and Exchange Commission against Group’s founder and Chairman Gautam Adani his nephew Sagar Adani and MD CEO Adani Green Energy Vineet Jaain in a filing with the stock exchanges.

Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,

Adani has been charged by U.S. federal prosecutors with defrauding investors for a solar energy project in India.

Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over an alleged multibillion-dollar fraud scheme, U.S. prosecutors said on Wednesday.