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US AGENCY REVIEWING ADANI’S SRI LANKA PORT PROJECT

Mario Nawfal

@MarioNawfal
🚨US AGENCY REVIEWING ADANI’S SRI LANKA PORT PROJECT

A U.S. agency that pledged over $500 million for a Sri Lankan port project involving the Adani Group is conducting due diligence amid bribery allegations against Gautam Adani and senior executives.

The agency is reassessing its involvement as scrutiny over the billionaire’s business practices grows. The project, seen as critical to Sri Lanka’s infrastructure, remains under evaluation.

Source: Bloomberg News