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.

Gautam Adani, nephew Sagar Adani, and Senior Executive Vneet Jaain are clear of any bribery charges as per the US Department of Justice (DoJ), according to the latest filing with stock exchanges by a Group company – Adani Green Energy Ltd.

Three top executives of Adani Green Energy — Gautam Adani, Sagar Adani, and Vneet Jaain — have not been accused of violating the Foreign Corrupt Practices Act (FCPA) in the charges of US authorities, the company on Wednesday said in a statement to the stock exchanges.

The Justice Department alleged that he and other executives paid off Indian government officials to secure contracts.

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

Federal prosecutors issued arrest warrants for the billionaire head of the Adani Group and his nephew Sagar, alleging they participated in a $265 million scheme to bribe Indian officials to secure power-supply deals.

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

Indian billionaire Gautam Adani has been charged in the United States for alleged securities law violations and faces potential fines but has not been charged under the U.S. Foreign Corrupt Practices Act,