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Trump pauses enforcement of US foreign bribery law

Direction to Department of Justice being seen as a relief to Adani Group

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Protest against the Trump administration’s plan to shut the Consumer Financial Protection Bureau. PIC/AFP

Protest against the Trump administration’s plan to shut the Consumer Financial Protection Bureau. PIC/AFP

US President Donald Trump signed an executive order directing the Department of Justice (DOJ) to pause enforcing a law that was used to launch investigations against the Adani Group. Trump signed an order to pause enforcing of the 1977 Foreign Corrupt Practices Act (FCPA) that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.

Last year DoJ under President Joe Biden charged Adani for allegedly being part of a scheme to pay over $250 million bribe to Indian officials in exchange of favourable terms for solar power contracts. This was concealed from the US banks and investors from whom Adani raised billions of dollars for the project. The pause and the review is being seen as a relief to the Adani Group.

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