Adani Group ready for big investment in America!
adani Group, led by India's second richest gautam adani, is planning to make a big investment in America again. According to the Financial Times report, adani Group is planning to invest again in many sectors like nuclear energy, utilities and a port located on the east coast. While last year many serious allegations were made against gautam adani in America. In America, 8 people including gautam adani were accused of bribery of more than Rs 2200 crore. Now adani Group has got a big relief due to Trump's ban on Foreign Corrupt Practices Act 1977 and they are preparing to invest in America again.
adani had promised to invest in America
After donald trump became the President of America, adani had promised that he would invest $ 10 billion in America, which is likely to create 15,000 jobs. However, shortly after this, eight people including adani were accused of fraud, so the talks on investment could not move forward. A case was also registered on this in the Federal court of New York on 24 october 2024. Now in the Financial Times report, a source has been quoted as saying, after trump came to power, we have reactivated some of our plans. However, no project was mentioned. Earlier adani Group was planning to invest in petrochemicals in Texas. Along with this, talks were also going on about possible collaboration with many American companies.
What was the allegation on adani Group?
gautam adani along with his nephew Sagar adani, Vineet S Jain, Ranjit Gupta, Cyril Cabanis, Saurabh Agarwal, deepak Malhotra and Rupesh Agarwal were accused of defrauding investors in the US. The united states Attorney's office said that gautam adani had paid or was planning to pay a bribe of $265 million (about Rs 2200 crore) to government officials to get a solar energy contract in India. To raise the bribe money, these people lied to American investors as well as banks. Since the case was related to adani Green Energy Limited and other firms in which American investors had invested money and the US law says that giving bribe with the money of investors here is a crime, the case was registered in the US. However, the adani Group called these allegations baseless.
