U.S. prosecutors seek dismissal of Adani fraud charges (opens in new tab)

The U.S. Justice Department moved to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who had been accused of misleading U.S. investors over alleged bribes tied to a large solar project in India. Prosecutors asked U.S. District Judge Nicholas Garaufis in Brooklyn to drop the case; court approval is still required, Scroll.in reported, citing the filing. The criminal case alleged that Adani and associates agreed to pay $265 million in bribes to Indian offic...