Updated
Updated · Bloomberg · Jun 23
Gautam Adani Met Donald Trump Jr. in November as US Bribery Case Moved Toward Dismissal
Updated
Updated · Bloomberg · Jun 23

Gautam Adani Met Donald Trump Jr. in November as US Bribery Case Moved Toward Dismissal

1 articles · Updated · Bloomberg · Jun 23

Summary

  • A previously unreported private meeting between Gautam Adani and Donald Trump Jr. took place in Ahmedabad last November during Trump Jr.'s India trip, according to people familiar with the matter.
  • The encounter came about a year after US prosecutors accused the 63-year-old Adani Group chairman and his nephew Sagar Adani of orchestrating a bribery scheme in India.
  • Adani and his nephew have consistently denied the allegations, and the US Justice Department moved last month to drop the case.
  • The disclosure adds a politically sensitive link between one of India's most prominent billionaires and the US president's family as the legal cloud over Adani eases.

Insights

How will Adani's $10 billion U.S. investment pledge impact tense trade negotiations between the two nations?
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