Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

Peace: US attorney who indicted Gautam Adani

Mint Mumbai

|

November 25, 2024

Breon Peace has led cases involving Huawei, a sex cult, and a pro-Trump influencer

- Neha Joshi & Krishna Yadav

Peace: US attorney who indicted Gautam Adani

The US indictment of billionaire Gautam Adani in a $250 million bribery case has brought attention to both the Adani Group and US Attorney Breon Peace. The statement announcing the indictment also included a statement by Peace: "My office is committed to rooting out corruption in the international marketplace and protecting investors from those who seek to enrich themselves at the expense of the integrity of our financial markets."

The indictment came about a week after Adani congratulated President-elect Donald Trump on social media and announced plans to invest in US energy and infrastructure projects.

Peace was appointed by President Joe Biden as the 48th US Attorney for the Eastern District of New York (EDNY), with strong endorsement from Democratic Senator Chuck Schumer, who also acknowledged his support on social media during Peace's investiture. Earlier, Peace had also successfully prosecuted pro-Trump social media influencer Douglass Mackey for conspiring to intervene in the 2016 elections.

Peace did not respond to emailed queries. "The Department of Justice media guidelines prohibit us from commenting on matters after the announcement of a criminal case or answering questions that go beyond what's in the public record," a spokesperson for the US Attorney's Office said.

The Adani group has denied the allegations in the indictment as "baseless." It also said it will explore legal recourse in the matter.

The indictment is only the first step after an investigation; various other steps will follow. The US authorities will also need to present evidence of wrongdoing to press their case.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Mint Mumbai

TCS, Wipro US patent suits worsen IT's woes

Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.

time to read

2 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

AI bond flood adds to market pressure

Wall Street is straining to absorb a flood of new bonds from tech companies funding their artificial intelligence investments, adding to the recent pressure in markets.

time to read

4 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

Auto parts firms spot hybrid gold

Auto component makers are licking their lips at the ascent of hybrids, spying a new growth engine at a time when electric vehicle (EV) sales have not measured up.

time to read

2 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

Diwali is past, but shopping season is roaring ahead

India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.

time to read

3 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

HOW TO SPOT A WINNING STARTUP IPO

As a flood of new listings burns small investors, we investigate the overlooked metrics

time to read

9 mins

November 25, 2025

Mint Mumbai

WHY INDIA HAS FAILED TO CURB AIR POLLUTION

Despite massive funding, India has failed to make meaningful progress in combating air pollution. Beijing's dramatic turnaround over the past decade offers crucial lessons.

time to read

4 mins

November 25, 2025

Mint Mumbai

Micro biz has a harder time securing loan to start up

Bank lending to first-time micro-entrepreneurs has plummeted, signalling tighter credit conditions for small businesses already struggling with cash flow pressures and trade turmoil. In the first six months of the fiscal year, a key central scheme to support such lending managed to sanction just about 12% of what was sanctioned in the entire previous fiscal year, official data showed.

time to read

2 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

Inverted duty fix is next on GST agenda

GST Council to expand work on fixing anomaly at next meet

time to read

2 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

Why was a fresh approach to QCOs needed?

The government is now withdrawing the quality control orders (QCOs) issued earlier across sectors. Mint examines the original intent, the reasons for the policy reversal, and the expected national benefits from this move.

time to read

2 mins

November 25, 2025

Mint Mumbai

Climate: Hope lives

Climate change could be described as a \"tragedy of the commons.\" That is, one where a shared resource, such as the planet's atmosphere, gets degraded because everyone has an incentive to put immediate self-interest above what's good for all.

time to read

1 min

November 25, 2025

Listen

Translate

Share

-
+

Change font size