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The Independent UK
The Independent UK
Maroosha Muzaffar

US drops corruption charges against Indian billionaire Adani after $18m settlement

File. Gautam Adani - (Reuters)

The US Department of Justice has moved to drop criminal charges against Indian billionaire Gautam Adani, whom it had accused of orchestrating a major bribery and fraud scheme to secure solar energy contracts.

The DOJ reportedly decided to drop the case after Mr Adani committed to invest $10bn in the US and create 15,000 jobs.

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