The United States is set to drop criminal fraud charges against Indian billionaire Gautam Adani after he agreed to pay $18m (£14.2m) to settle a civil fraud lawsuit with the American securities regulator.
Adani, 63, is the chairman of the Adani Group, one of India's largest conglomerates with interests spanning energy, ports, airports and infrastructure, and is worth an estimated $82bn according to Forbes, making him one of the world's richest people.
