Youth Congress demands Adani's arrest over Rs 2,106 crore bribery charge

New Delhi: The Indian Youth Congress on Monday staged a protest at the Jantar Mantar demanding the arrest of billionaire industrialist Gautam Adani over allegations that the Adani Group paid Rs 2,106 crore ($250 million) in bribe to government officials for favourable solar power contracts in four Indian states.

The protest was led by Indian Youth Congress President Uday Bhanu Chib in which several protesters, including those coming from other states, raised slogans against Adani holding placards.

The ports-to-energy conglomerate has been hit by an indictment in a US court against its founder chairman Gautam Adani and two other executives for allegedly paying Rs 2,233 crore ($265 million) bribe to Indian officials to secure solar power contracts.

The Adani Group has denied the charge, saying the allegations levelled by the US prosecutors are baseless and that the conglomerate is compliant with all laws.