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Gautam Adani's team meet Trump officials in bid to close US bribery case: Report - The Economic Times

Published 2 weeks ago1 minute read
Gautam Adani's team meet Trump officials in bid to close US bribery case: Report
ET Online
and his companies met officials from United States President Donald Trump's administration to seek dismissal of the criminal charges against him in a bribery probe, Bloomberg News reported, citing people familiar with the matter.The talks, which began earlier this year, gained momentum in recent weeks and could yield a resolution in the coming month or so, if the pace persists, according to the Bloomberg report.

Adani’s representatives are trying to make the case that his prosecution doesn’t align with President Donald Trump’s priorities and should be reconsidered, a source told Bloomberg.

In November, US authorities indicted Adani and his nephew, Sagar Adani, alleging that they paid bribes to secure Indian power supply contracts, and misled U.S. investors during fund raises. The SEC summoned Adani and his nephew, alleging they paid millions in bribes to Indian officials while misrepresenting antibribery compliance during a $750 million Adani Green Energy bond offering.

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