Trump has rejected the Anti -Corruption Act abroad Trump ended the Anti -Corruption Act abroad: Adani has filed a case under this in America; Modi’s decision before traveling

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Trump has signed more than 5 executive orders after receiving the office on January 23.

US President Donald Trump has suspended about 50 years old foreign corruption practice law (FCPA). It would not be a crime to bribe for business abroad.

Indian businessman Gautam Anukani has been sued in the United States under the Act. He is accused of planning bribe to Indian officials. Trump made the decision two days before Prime Minister Modi’s visit to the United States.

According to Reuters, Trump has directed Attorney General Palm Bandy to give the guideline to review the decisions made under this Act. Trump ordered that,

The Justice Department stops suing against the Americans who are accused of winning or maintaining trade in other countries for bribing foreign officials.

Prime Minister Modi is set to arrive in the United States on February 12.

Arandi

Last year, 5 people, including industrialist Gautam Adani in the United States, were accused of fraudulent fraud. According to the chargesheet, Adani’s company has misinterpreted the renewable power project in India. For this, government officials were planned to bribe $ 250 million or about Rs 229 crore.

In addition to these, the accused raised money by lies in American investors and banks. The entire case was related to Adani Green Energy Limited and another firm in the Adi Group. On October 24, 2024, the case was registered in the Federal Court in New York. Read the details here …

The FCPA Law is the key

Foreign Anti -Corruption Practice Act (FCPA) was applied by the United States in 1977. Under this, registered companies in the United States were banned from trade and bribe of second objective foreign officers.

Trump said on Monday to the Oval Office of the White House, “Trump signed an order related to this law.” “This decision will bring new business opportunities for America.”

Trump also expressed his desire to repeal the law in his first term. Describing it as a horrible law, he said that the world is laughing at us because of this law.

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Read this news related to the case filed in exchange …

Today’s Accelener: If bribe in India, why is the action in America; All things needed to know everything in the Adi case

A news related to Gautam Adani’s American investigation was published in Bloomberg on March 2524. Then the Adani Group rejected it and said in a statement- We are not aware of any investigation against our chairman. The matter was buried there. Read the full news here …

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