politics

U.S. judge ends graft case against Indian billionaire Gautam Adani

A U.S. federal judge has approved the Department of Justice's decision to dismiss the criminal probe against Indian billionaire Gautam Adani on graft charges.

U.S. judge ends graft case against Indian billionaire Gautam Adani

TL;DR

  • A U.S. judge dismissed the bribery case against Indian billionaire Gautam Adani.
  • The judge criticized the conduct of a senior Department of Justice official involved in the decision.
  • Prosecutors had alleged Adani paid over $250 million in bribes for solar energy contracts and misled investors.
  • Adani welcomed the decision, expressing faith in the rule of law.
  • The dismissal was noted as unusual due to collaboration with defense counsel and lack of input from investigating agencies.