US DOJ Reportedly Drops Charges Against Gautam Adani in Major Legal Turnaround
The US Department of Justice has withdrawn all criminal charges of fraud and bribery filed against Indian billionaire Gautam Adani and some executives of his firm. This comes after a separate civil agreement involving an $18 million settlement with the SEC and a $275 million fine paid by Adani Enterprises to the US Treasury to settle allegations of sanctions violations against Iran. The withdrawal of charges, which apparently followed a meeting between Adani’s legal team, headed by a close friend of President Donald Trump, and government officials, paves the way for Adani’s entry into the US. Reports indicate that the decision was made following Adani’s promise to invest $10 billion in the country and provide employment opportunities to 15,000 Americans.








