Picture Supply : AP/PTI US President Donald Trump and Indian billionaire businessman Gautam Adani. US President Donald Trump has signed an government order directing the Division of Justice (DoJ) to pause enforcement of the 1977 International Corrupt Practices Act (FCPA), a legislation that prohibits American firms and international companies from bribing international officers to safe…
Picture Supply : REUTERS Adani Group Chairman Gautam Adani. The Ministry of Exterior Affairs (MEA) on Friday dismissed media stories suggesting that US prosecutors had issued summons for Adani Group Chairman Gautam Adani and others in reference to an alleged bribery case. In an official assertion, the MEA clarified that no formal request for summons…
Adani Group’s finance chief on Friday rejected U.S. allegations that group executives, together with Chairman Gautam Adani, have been a part of a $265 million bribery scheme, and mentioned the accused would make clear the U.S. allegations in 10 days. “We reject all of this strongly on behalf of the people,” Adani Group CFO Jugeshinder…
New Delhi: The Ministry of Exterior Affairs spokesperson Randhir Jaiswal on Friday stated the allegations in opposition to the Adani Group high executives had been a authorized matter involving non-public corporations and people and the US Division of Justice. Within the weekly press briefing, Jaiswal knowledgeable the reporters that there are established procedures and authorized…
