Adani Group Settles US Sanctions Probe Related to Iran for $275 Million

The Adani Group has reached a $275 million settlement to resolve its potential civil liability for apparent violations of OFAC sanctions on Iran, bringing relief to the conglomerate.

18 May, 15:09 — 18 May, 15:09

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ndtvMostly Factual99d ago

Relief For Adani Group, US Sanctions Probe Ends In $275 Million Settlement

Adani Enterprises Ltd (AEL), the flagship firm of the conglomerate helmed by billionaire Gautam Adani, "agreed to pay USD 275 million to settle its potential civil liability for apparent violations of OFAC sanctions on Iran".

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Adani Group Settles US Sanctions Probe Related to Iran for $275 Million

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Relief For Adani Group, US Sanctions Probe Ends In $275 Million Settlement

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