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Gautam Adani’s team meet Trump officials in bid to close US bribery case: Report

The representatives for billionaire Gautam Adani and his firms met officers from United States President Donald Trump’s administration to hunt dismissal of the felony expenses towards him in a bribery probe, Bloomberg News reported, citing folks acquainted with the matter.The talks, which started earlier this 12 months, gained momentum in current weeks and will yield a decision within the coming month or so, if the tempo persists, in response to the Bloomberg report.

Adani’s representatives are attempting to make the case that his prosecution doesn’t align with President Donald Trump’s priorities and ought to be reconsidered, a supply informed Bloomberg.

In November, US authorities indicted Adani and his nephew, Sagar Adani, alleging that they paid bribes to safe Indian energy provide contracts, and misled U.S. traders throughout fund raises. The SEC summoned Adani and his nephew, alleging they paid tens of millions in bribes to Indian officers whereas misrepresenting antibribery compliance throughout a $750 million Adani Green Energy bond providing.


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