Prosecutors allege that Gautam Adani, closely tied to Prime Minister Modi, and his associates misled U.S. investors while attempting to sell over $1 billion in bonds.
The U.S. charges against Adani could complicate U.S.-India relations as the Biden administration aimed to strengthen ties before Trump’s second term.
Domestic critics of Adani have raised concerns about preferential treatment from the Modi government, but BJP officials defend him as an asset to India.
Analysts believe the fraud and bribery allegations could create significant diplomatic tension at a crucial time for U.S.-India relations.
Collection
[
|
...
]