President Donald Trump's decision to freeze a law banning business bribes overseas could offer Indian tycoon Gautam Adani, one of Asia's richest people, a reprieve from American corruption allegations linked to a major solar project in India.
U.S. prosecutors allege that one of Adani's companies duped investors by hiding that its project was backed by a $265 million bribery scheme. The case now may be reviewed, and enforcement of any potential decision against it is uncertain. Whatever its fate, the case has highlighted vulnerabilities in India’s solar sector that are hindering its capacity to switch to clean energy, help limit climate change and cut heavy pollution in many of its cities.
