Adani case raises issue of extraterritorial application of American laws: Attorney
- Posted on November 25, 2024
- By Business News Today
- 3 Views
Adani case raises issue of extraterritorial application of American laws: Attorney
Gautam Adani and seven others, including his nephew, face a USD 265 million bribery charge in the US. Indian-American attorney Ravi Batra raises concerns about the extraterritorial application of US law. The indictment alleges conspiracies to commit securities and wire fraud, impacting US investors and global financial institutions. Adani and others must respond to the charges within 21 days.