What Happened
Justice Department Moves to Resolve Case Against Asia's Richest Person
US authorities are moving to resolve the fraud charges against Indian billionaire Gautam Adani, according to people familiar with the matter. The Justice Department may announce the dropping of charges as soon as this week, and the Securities and Exchange Commission is also settling a parallel civil fraud case. The case has hung over Adani, Asia’s richest person, for more than a year. This development was first reported by Bloomberg.com.