The Adani Group founder broke his silence by condemning the charges, saying he would seek “all possible legal recourse.”

The billionaire said the company is committed to "world-class regulatory compliance," without giving further details.

Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.

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

Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, opened up about the recent indictment that alleges he participated in a multi-billion dollar fraud scheme.

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.