A £7.7 million ($10 million) payment from India's largest private company to Donald Trump's business, for a project that has yet to materialise, is drawing sharp scrutiny from ethics watchdogs.
The Washington-based watchdog group Citizens for Responsibility and Ethics in Washington (CREW) published an investigation on 13 March 2026 documenting that Reliance Industries, the Indian conglomerate owned by billionaire Mukesh Ambani, paid a £7.7 million ($10 million) 'development fee' to the Trump Organisation in 2024 for a brand licence agreement on an unnamed Mumbai property, a project that has yet to be publicly announced by either party.
