A US judge dismissed criminal charges against Indian billionaire Gautam Adani yesterday (Aug 10), but said the Justice Department’s decision to abandon the fraud and bribery case was concerning.
Brooklyn-based US District Judge Nicholas Garaufis’ decision to grant federal prosecutors’ rare bid to toss the case came after he inquired into their reasons for doing so, including whether Adani’s November 2024 promise to invest US$10 billion (S$12.8 billion) in the United States was a factor in the decision to drop...