{"id":18378,"date":"2024-11-22T20:30:10","date_gmt":"2024-11-22T20:30:10","guid":{"rendered":"https:\/\/gpt.m2mbeta.com\/?p=18378"},"modified":"2024-11-22T20:30:10","modified_gmt":"2024-11-22T20:30:10","slug":"white-house-aware-of-adani-allegations-india-us-ties-on-strong-foundation","status":"publish","type":"post","link":"https:\/\/gpt.m2mbeta.com\/?p=18378","title":{"rendered":"White House: Aware of (Adani) allegations, India-US ties on strong foundation"},"content":{"rendered":"
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A day after US prosecutors indicted the Adani Group for allegedly offering Rs 2,029 crore (US $265 million) in bribes to Indian government officials, the US has said that the Indo-US relationship is built on a \u201cstrong foundation\u201d.<\/p>\n

White House Press Secretary Karine Jean-Pierre told reporters Thursday that the administration is aware of the charges against the Adani Group.<\/p>\n

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United States prosecutors indicted the Adani Group Chairman, Gautam S Adani, his nephew Sagar Adani<\/a> <\/strong>and six others on Wednesday for allegedly offering `2,029 crore bribes to Indian government officials for securing \u201clucrative solar energy supply contracts\u201d with state electricity distribution companies.<\/p>\n

\u201cObviously we\u2019re aware of these allegations, and I would have to refer you to the SEC (Securities and Exchange Commission) and DOJ (Department of Justice) about the specifics of those allegations against the Adani Group,\u201d she said.<\/p>\n

\u201cWhat I will say is on the US and India relationship, we believe that it stands on an extremely strong foundation anchored in ties between our people and cooperation across a full range of global issues,\u201d Jean-Pierre said.<\/p>\n

\"Festive<\/a><\/p>\n

\u201cWhat we believe and we\u2019re confident about is that we\u2019ll continue to navigate this issue as we have with other issues that may have come up as you just stated. And so the specifics of this, this is something that the SEC and DOJ can speak to directly, but again, we believe that\u2026 this relationship between India and the US has been built on a strong foundation,\u201d the White House Press Secretary said.<\/p>\n

The bribery charges come nearly 22 months after the Adani Group faced allegations of stock manipulation and accounting fraud from US-based short-seller Hindenburg Research.<\/p>\n

The government has not responded to the allegations that the Adani Group has denied.<\/p>\n

There is a sense in the establishment that the controversy will not impact the Indo-US relations, which are considered to be bipartisan, in the last two decades.<\/p>\n

Diplomats dealing with the US account feel that the institutional mechanisms between the two countries are quite robust \u2014 that such episodes do not usually impinge on diplomatic relations.<\/p>\n