Prosecutors said they would not “devote further resources” to the case against the Indian billionaire.

The US Justice Department is reportedly also moving to drop fraud charges against Gautam in a parallel criminal case. Read more at straitstimes.com. Read more at straitstimes.com.

The US Justice Department is also moving to drop fraud charges against Adani in a parallel criminal case

US drops fraud case against Indian tycoon Adani after ‘unusual’ offer

US drops fraud case against Indian tycoon Adani after ‘unusual’ offer