US indicts Adani: Spotlight on US attorney Breon Peace

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 which said, “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. Nilesh Tribhuvann, managing partner of White & Brief Advocates and Solicitors, praised Peace's expertise in handling complex issues such as white-collar crime, public corruption, and civil rights. Complex cases He also highlighted that the federal prosecutor's office for the Eastern District of New York is known for handling complex cases, from a celebrity sex cult to the Chinese telecom giant Huawei. “It sends a clear deterrent message that corporate malfeasance will not be tolerated," said Kunal Sharma, partner at Singhania & Co. “The active involvement of the US Securities and Exchange Commission and Federal Bureau of Investigation suggests that the Adani case could prompt a broader review of companies within similar industries or those with comparable operational structures and business practices”.