Andhra Pradesh Chief Minister N Chandrababu Naidu has said that more proof is needed to take concrete action against bribery allegations involving Adani Green Energy Ltd and the previous YS Jagan Mohan Reddy government. The allegations stem from US Securities and Exchange Commission (SEC) filings, which mention a meeting between Gautam Adani and Jagan Mohan Reddy in 2021, as well as subsequent agreements involving the Solar Energy Corporation of India (SECI). Naidu stated that action will be taken if any wrongdoing is found, but emphasized that concrete proof is needed. He also alleged that the previous Jagan Reddy government had led to a loss of Rs 1.29 lakh crore in the power sector. Naidu’s government has denied any wrongdoing and has promised to take action based on the evidence. The allegations have triggered a political storm in Andhra Pradesh, with opposition parties calling for transparency and accountability from both the state and central governments. Jagan Reddy’s YSR Congress Party has denied any wrongdoing, claiming that there was no direct agreement between the state government and the Adani Group during their tenure.
According to sources, Chandrababu Naidu is refusing to take action over Jagan Reddy-Adani bribery allegations until concrete evidence is produced.
by Team Small News | Jan 2, 2025 | Adani Green Energy | 0 comments