US court dismisses criminal charges against Indian billionaire Gautam Adani
- A US judge formally dismissed criminal charges Monday against Indian billionaire Gautam Adani, ending nearly two years of proceedings in a fraud and bribery case.
- The judge, however, raised concerns about the Justice Department’s decision to drop the charges, calling the conduct of Principal Associate Deputy Attorney General, Trent McCotter, “highly unusual”.
- “The fact that McCotter came to this decision [to drop the charges] largely in collaboration with defense counsel, and seemingly without input from the FBI [Federal Bureau of Investigation] and SEC [Securities Exchange Commission] agents
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- A US judge formally dismissed criminal charges Monday against Indian billionaire Gautam Adani, ending nearly two years of proceedings in a fraud and bribery case.
- The judge, however, raised concerns about the Justice Department’s decision to drop the charges, calling the conduct of Principal Associate Deputy Attorney General, Trent McCotter, “highly unusual”.
- “The fact that McCotter came to this decision [to drop the charges] largely in collaboration with defense counsel, and seemingly without input from the FBI [Federal Bureau of Investigation] and SEC [Securities Exchange Commission] agents
Sources: The Independent