Gautam Adani faces a criminal charge of foreign bribery, independent of the three criminal charges he faces. Corrects paragraph 20 to remove and replace language describing the three charges and potential penalties.

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.

Adani Green Energy said Wednesday that Gautam Adani, Sagar Adani and Vneet Jaain have not been charged with any violation of the Foreign Corrupt Practices Act (FCPA) on the counts mentioned in the criminal indictment of the US Department of Justice (DoJ) or the civil complaint of the US Securities and Exchange Commission (SEC).

The lower house of India's parliament was suspended for an hour on Wednesday after a disruption over allegations against the Adani group.

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

Adani, an Indian business magnate and one of the richest men in Asia, faces new allegations of fraud to secure solar energy supply contracts.

Gautam Adani, 62, along with the seven other defendants were accused of paying about $265 million in bribes to Indian government officials.

Authorities said Adani and seven other defendants, including his nephew, agreed to pay about $265 million in bribes to Indian government officials to obtain solar energy supply contracts expected to yield billions in profit.

Indian billionaire Gautam Adani has been slapped with criminal fraud charges in the US for allegedly orchestrating a $250m (£198m) bribery scheme to secure lucrative renewable energy contracts in his home country.