[60288] US Department of Justice expected to drop charges against billionaire Gautam Adani

The US Department of Justice on the way to dropping charges against Gautam Adani

According to reports by the New York Times, the Trump administration's Department of Justice is working to drop the criminal fraud charges filed against Indian billionaire Gautam Adani. The move comes after a year of heavy legal proceedings against the richest man in Asia, as noted in Bloomberg.

According to the New York Times, the turning point in the case occurred after Adani hired a new legal team, including a lawyer close to President Trump. As part of the proposal submitted to the Department of Justice, Adani pledged to "agree to invest $10 billion in the US economy and create 15,000 jobs" in exchange for closing the case, as published in the NYT.

While economic figures see the move as a solution to a prolonged affair, commentators are expressing harsh criticism of the nature of the deal. At Vtxt21, they described the move as "plundering Indian natural resources for the benefit of investments in the US in order to escape charges," while criticizing the silence of the Indian government on the issue.

The reports of the "deal" have received wide resonance on social media, with journalists such as Dhanya Rajendran highlighting the connection between the changing of the defense team and the shift in the US prosecution's position, a move that is perceived by some critics as a clear political deal.