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US Drops Fraud Charges After Adani Pledges $10 Billion Investment

World News
May 19, 2026 · 1:16 AM
US Drops Fraud Charges After Adani Pledges $10 Billion Investment

The United States has dropped fraud charges against billionaire Gautam Adani following his pledge to invest $10 billion in the country. Adani, founder of the Adani Group, was originally accused of bribing Indian officials and misleading US investors to secure a solar power plant project in India. The decision to drop the charges comes amid ongoing discussions about international investment and legal accountability.