What Happened
Indian Billionaire Cleared Of Allegations In Major Solar Project
The Justice Department has officially dropped its fraud case against Indian billionaire Gautam Adani, ending a years-long prosecution for allegedly participating in a $250 million bribery scheme. The move follows the Trump administration’s suspension of Foreign Corrupt Practices Act enforcement and comes after Adani settled with the Treasury Department for $275 million and the Securities and Exchange Commission for $18 million. The decision was reported by Forbes.