US EditionAdani aides meet Trump team to push for end to U.S. bribery case, Bloomberg News reports
- Representatives of Gautam Adani and his companies engaged with officials from the former U.S. President Donald Trump administration to request that criminal allegations related to an international bribery investigation be dropped.
- In November, legal charges were filed against Adani and his nephew in the U.S., accusing them of bribing officials to obtain Indian power contracts and providing false information to American investors.
- The U.S. Securities and Exchange Commission accuses Adani and his nephew of bribing Indian officials and providing false information about their adherence to anti-bribery regulations during a bond issuance by Adani Green Energy valued at $750 million.
- Bloomberg reported the talks recently gained momentum and could yield a resolution within about a month if the current pace continues, while Adani Green stated its review found no non-compliance or irregularities.
- The meetings and ongoing dialogue suggest efforts to reconsider the prosecution, but U.S. Officials and Adani Group representatives declined comment on the situation as investor interest in Adani shares rose.
10 Articles
10 Articles
Adani aides meet Trump team to push for end to U.S. bribery case, Bloomberg News reports
Representatives for Indian billionaire Gautam Adani met officials from U.S. President Donald Trump's administration to seek dismissal of criminal charges in an overseas bribery probe, Bloomberg News reported on Sunday.
Adani Camp Meets Trump Officials in Push to End US Bribery Cases
Representatives for Indian billionaire Gautam Adani and his companies met Trump administration officials about dismissing the criminal charges levied against him in an overseas bribery probe, according to people familiar with the matter.
Gautam Adani in talks with Trump admin to drop U.S. bribery charges: Report – The News Minute - Corruption By Cops
Gautam Adani in talks with Trump admin to drop U.S. bribery charges: Report The News Minute Source link The post Gautam Adani in talks with Trump admin to drop U.S. bribery charges: Report – The News Minute first appeared on Corruption By Cops.
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