DOJ says Adani charges dropped due to weak case, not investment pledge
By
Chloe Atkins
1d ago· 3 min readenNews
Summary
The Justice Department has defended its decision to drop criminal charges against Indian billionaire Gautam Adani, asserting that his reported pledge to invest billions in the U.S. did not influence the move. Principal Associate Attorney General Trent McCotter stated the charges were dropped because the case was "so indefensible," and that dismissal would have been sought regardless of any investment promises.
Source
bskyDOJ says Adani charges dropped due to weak case, not investment pledgeshare.googleKey quotes
· 2 pulledI would have sought dismissal of the securities charges regardless of any mentions of investments, regardless of whether the civil case (or any other matter) was settled or not.
the case was 'so indefensible'
The Justice Department defended its decision to drop its criminal case against Indian billionaire Gautam Adani, saying the businessman’s reported pledge to invest billions of dollars in the United States did not influence the move.
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