US drops fraud charges against Indian tycoon Adani

The US Department of Justice has dropped criminal fraud charges against Indian billionaire Gautam Adani and some officials of his firm, days after he agreed to settle a separate civil case. Adani Enterprises, his group’s flagship firm, also agreed to… The US Department of Justice has dropped criminal fraud charges against Indian billionaire Gautam Adani and some officials of his firm, days after he agreed to settle a separate civil case. Adani Enterprises, his group’s flagship firm, also agreed to pay $275m (£205m) to the US Treasury to settle a separate investigation into alleged violations [...] The post US drops fraud charges against Indian tycoon Adani appeared first on Kahawatungu.