Indian Billionaire Gautam Adani Comes Under New Scrutiny From U.S. Prosecutors
Summary by New York Post
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Indian billionaire Gautam Adani facing new DOJ probe over Iran oil trading: report
India's Adani Group on Monday denied "any deliberate engagement" in sanctions evasion or trade involving Iranian-origin liquefied petroleum gas, after the Wall Street Journal reported that US prosecutors were probing whether Adani entities had imported Iranian LPG into India through their Mundra port.
'Baseless and mischievous': Adani Group denies handling any Iranian cargo; says not aware of any US investigation into Iran sanctions violations
The Adani Group has refuted allegations of sanctions violations, clarifying that its ports do not handle cargo from Iran or vessels under Iranian ownership. This statement follows a Wall Street Journal report suggesting US prosecutors are investigating potential Iranian LPG imports through Adani's Mundra port.
·India
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R 75%
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