Top News

• America will cancel the criminal charges of theft of lakhs against Gautam Adani?
• ‘That’ billion dollar deal blew the whole game
• Know what the deal is?

Adani US Case Dismissal : Washington : A big news is coming out. Adani, the head of Adani Group in India, has got a big relief. The US is preparing to officially withdraw the case of embezzlement and fraud against Adani. This has created a stir in the corporate world in India and America. The U.S. Department of Justice may soon announce the abolition of criminal charges in this context.

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A billion dollars off and cancel the case?

According to a report by New York Times, lawyer Robert Gufra has played a key role in getting Gautam Adani’s case dismissed. Gufra is the personal lawyer of US President Donald Trump. In a meeting with Justice Department officials in Washington, he made a very important and ambitious proposal.

According to this proposal, if the charges against Adani are dropped, the Adani group will invest about $10 billion in the US economy. This will provide new employment opportunities in America. This offer is in line with Trump’s America First policy. Currently, there is discussion everywhere.

Case dismissed but…

According to reports, while the criminal charges against Adani are being dropped, a compromise has been made to drop the civil fraud case filed by the US Securities and Exchange Commission (SEC). According to court documents, Adani will pay $6 million and his nephew Sagar Adani $12 million in fines totaling $18 million. He has pleaded not guilty to any charges while paying this fine.

What are the charges?

In November 2024, the US indicted Adani and its associates for allegedly paying $250 million in bribes to secure solar power contracts in India and misleading international investors. However, Adani has denied all these allegations. Experts say that now that the legal disputes in the US have been settled, it will be easier for Adani Group to raise funds from the market and expand its business.

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