Adani Case: US US Department of Justice (DOJ) Seeks Dismissal of All Charges
In a significant legal development, the US Department of Justice has filed a detailed defence of its decision to seek dismissal of the securities fraud
In a significant legal development, the US Department of Justice has filed a detailed defence of its decision to seek dismissal of the securities fraud case against the Adani Group. The filing basically argues that the charges should never have been brought, describing the indictment as a name and shame exercise with little chance of ever reaching trial. Basically, the DOJ says there were extraordinary evidentiary and legal hurdles that India found no actual misconduct, and that not a single penny was lost by investors.
It also firmly rejects allegations that the move was linked to investment discussions or political pressure, insisting that the decision was based solely on the merits of the case, and the filing even alleges unethical leaks from within the department that it says exposed serious flaws in the prosecution. About NDTV (English news channel) NDTV is India's Most-Trusted News Broadcaster with the latest updates in news, sports, entertainment and much more from within India and around the world.
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