The Adani Group fully denies the accusations, which it has challenged in submissions to the authority. According to the allegations in the file, the effect of these transactions was that the Adani Group spent an average 400% more for the materials. Facebook Twitter Pinterest Adani Group chairman Gautam Adani meets with Queensland premier Annastacia Palaszczuk in 2016. Facebook Twitter Pinterest Extract from page 14-15 of the Directorate of Revenue Intelligence file on Adani Group. According to the report, these were sold to the Adani Group for an average markup of about 860%.

Source: The Guardian August 15, 2017 18:00 UTC