TOI correspondent from Washington: Asserting that a 50-year old US anti-bribery act is inhibiting American global competitiveness, US President Donald Trump has paused enforcement of the law, implicitly providing relief to India’s Adani group, whose executives were being prosecuted under the law by the Biden administration. In an executive order he signed on Monday, Trump…
President Donald Trump holds up a signed an executive order regarding the Foreign Corrupt Practices Act in the Oval Office at the White House, Monday, Feb. 10, 2025, in Washington. (Photo/Alex Brandon) On February 10, 2025, President Donald Trump issued an executive order pausing enforcement of the Foreign Corrupt Practices Act (FCPA) for at least…
NEW DELHI: The ministry of external affairs on Friday said that India had not received any information in advance on the indictment of industrialist Gautam Adani on bribery charges by the US department of Justice. The ministry also clarified that it has not received any summon request or warrant in the case from the US…
Adani Group Chairman Gautam Adani MUMBAI/NEW DELHI: Adani Green Energy said Wednesday that Gautam Adani, Sagar Adani and Vneet Jaain have not been charged with any violation of the Foreign Corrupt Practices Act (FCPA) on the counts mentioned in the criminal indictment of the US Department of Justice (DoJ) or the civil complaint of the…
NEW DELHI: Days after filing a lawsuit in a New York court, the Securities & Exchange Commission has issued summons to Adani Group founder and chairman Gautam Adani and his nephew Sagar Adani, executive director of Adani Green, in a bribery case.“Within 21 days after service of this summons on you…you must serve on the…
