Gautam Adani News / Adani said on the allegations in America... this is the price of our progress

Gautam Adani News: Asia's second richest businessman Gautam Adani has given his reaction for the first time to the recent allegations in the US. The Adani Group chairman accepted these allegations as another challenge and said that this is not the first time he has faced such circumstances. He stressed that every attack, every allegation makes his group stronger and empowered.

Adani's response to the allegations

Gautam Adani said during an event on Saturday that his group is fully committed to rules and legal compliance. He said, "Two weeks ago we had to face allegations related to compliance with the rules from the US. This is not the first time we have faced such challenges. Every time, these challenges have made us stronger."

Adani dismissed the allegations and said that this is the price of our development. He said that negativity spreads fast in the world, but the truth is that no concrete allegations of obstruction of justice or any conspiracy have been leveled against the Adani Group.

"Dreams have a price"

Gautam Adani further said, "The bigger your dreams, the deeper the world investigates. But it is this very investigation that gives you the courage to go beyond your limits and challenge the status quo." He admitted that his group gets inspiration to learn from these allegations and become stronger.

What are the allegations in America?

On November 20, 2024, the US Department of Justice and the Securities and Exchange Commission (SEC) filed several charges against Gautam Adani, Sagar Adani and other officials of Adani Green Energy Limited (AGEL) in the New York District Court. These allegations include issues such as violation of rules and lack of transparency.

Gautam Adani's net worth

According to the Bloomberg Billionaires Index, Gautam Adani's current net worth is $75.5 billion. However, his wealth has declined by $8.83 billion this year. His net worth was $122 billion in June 2024, but after that his wealth has declined continuously, due to which his total wealth has decreased by $46.5 billion.

Conclusion

This statement of Gautam Adani not only reflects his confidence and commitment to fight challenges, but also shows that his group emerges stronger in difficult situations. He says that all this is the price of the progress of his group and his big dreams.