TotalEnergies pauses new investments in Adani Group due to bribery allegations.

French energy firm TotalEnergies has paused new investments in the Adani Group due to bribery allegations against Adani's founder, Gautam Adani. The allegations involve a $265 million bribe to secure solar contracts. TotalEnergies, which has stakes in Adani companies, says it was unaware of the investigation and will not make new contributions until the allegations are clarified.

November 25, 2024
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