Economy
US Drops Fraud Charges Against Billionaire Adani After $10 Billion Investment Pledge
The US Department of Justice under President Donald Trump has decided to withdraw criminal fraud and bribery charges against Indian billionaire Gautam Adani after he pledged to invest $10 billion in the US. The case, initially brought under former President Joe Biden, accused Adani of bribing Indian officials to secure energy contracts and misleading US investors. The DOJ stated it would not allocate further resources to the charges, pending judicial approval.