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1 hour ago

DOJ moves to permanently drop bribery case against Indian billionaire Gautam Adani

The U.S. Department of Justice has formally asked a federal court to dismiss criminal charges against Gautam Adani, an Indian billionaire accused of misleading U.S. and global investors while raising billions of dollars to finance a major solar energy project in India.Adani, considered one of Asia’s richest individuals, allegedly promised to pay more than $250 million in bribes to Indian officials to secure lucrative contracts. He and his executives further raised money from investors by falsely claiming the company maintained strict anti-corruption policies — all while allegedly continuing th...

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