US Justice Department defends move to drop criminal charges against Indian billionaire Gautam Adani
The US Justice Department has defended its move to drop criminal charges against Indian billionaire Gautam Adani. The department argued that the securities charges never should have been brought in the first place.
According to the Straits Times, the US Justice Department has defended its move to drop criminal charges against Indian billionaire Gautam Adani.
The department argued that the securities charges never should have been brought in the first place. Among the reasons cited were foreign jurisdiction and what it described as a small chance of the case succeeding.
The development marks a significant stage in a closely watched legal process for the Adani Group and global investors. The Adani side had previously denied the allegations against it.
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