Trump puts FCPA investigations on hold for 180 Days, giving Adani Group breathing space
Discover how President Trump's executive order pausing FCPA investigations for days offers potential relief to Adani Group amidst ongoing legal challenges.
US President Donald Trump on Monday (Feb 10) signed an executive order that may provide reprieve to Indian conglomerate Adani Group. The United States president has ordered the Foreign Corrupt Practices Act (FCPA) of 1977 to be paused for at least a period of 180 days, while the newly appointed US Attorney General Pam Bondi reviews the FCPA legislation.
Also read | Hindenburg Research, the US based short-seller that accused Gautam Adani of fraud, shuts down
How will it help Adani?
Adani group founder and head Gautam Adani, his nephew Sagar and other executives, last year, were charged under the FCPA for allegedly bribing Indian officials some 250 million (about Rs 2,100 crore) in exchange for favourable terms for solar power.
This, as per the Joe Biden administration, was concealed from US banks and investors from whom the Adani Group raised billions of dollars for the project. FCPA law prohibits the bribing of foreign governments, political parties and others to secure business. As the Adani project involved links to American investors and banks, the Indian multi-billionaire was charged under the FCPA.
Also read | GOP lawmaker slams Biden administration, DOJ over Gautam Adani probe: ‘What if India refuses extradition…’
)
Student union leaders call off hunger strike at Jantar Mantar after civil society appeal, but protest continues
&im=FitAndFill=(700,400))
Meet top 5 batters with most runs in India vs Zimbabwe T20Is
)
Kaylee Hottle was unconscious: Shocking details from first responders revealed after teen star's death
)
'Not permitted ...': IIT Roorkee issues gag order as students' protest intensifies
&im=FitAndFill=(700,400))
World's top 7 most liveable cities in 2026 — Check where India and Pakistan stand
)
Trump announces 200% tariff on generic drugs: Here's what it means for 'Pharmacy of the World' India
)
'Criticising him after two or three matches isn't justified': Sikandar Raza backs Vaibhav Sooryavanshi
)
3.5-million-year-old mystery creature found in Japan is a 'giant' never seen before
&im=FitAndFill=(700,400))
New OTT releases this week (July 20-26, 2026): Musafir Cafe, Adarsh Baal Vidyalaya, 72 Hours- 5 new titles coming on Netflix, Prime Video and more
)
'George Soros playbook': Understanding the foreign funding network around Sonam Wangchuk
)
'What is wrong...': Anna Hazare breaks silence on Sonam Wangchuk's protest, makes an appeal to Centre
)
'Is that a back-up Trump?' Mysterious look-alike standing behind Donald Trump baffles netizens
)
JP Nadda, Jitendra Singh meet Sonam Wangchuk at Medanta Hospital: Report
)
Is Pentagon hiding missile shortage from Trump? US officials raise alarm over Iran war readiness
&im=FitAndFill=(700,400))
FIFA World Cup 2026 team of the tournament: The best XI that ruled football’s biggest stage
)
'We acted immediately...': Indian PM Modi breaks silence on paper leaks as NEET protest, calls for Education Minister's resignation grows
)
‘He's the architect of the genocide against Palestinians’: Mamdani repeats Netanyahu will be arrested if he visits US
&im=FitAndFill=(700,400))
Why US fighter jets use seamless bubble canopies compared to Russian jets
)
Sonam Wangchuk's connection with George Soros and Ford Foundation explained!
)
‘Centre had no interest in having a debate’: LoP Rahul Gandhi demands resignation of Dharmendra Pradhan, Amit Shah
)
Donald Trump heading for a tough midterm elections as approval ratings fall
)
Salman Khan breaks silence on health concerns after viral Mumbai appearance
)
US-Iran war cost hits $37.5 billion as Hegseth seeks $67 billion more for Pentagon
)
'This should not happen in a democracy': Shashi Tharoor slams detention of Rahul Gandhi, Priyanka Gandhi after protest outside PM Modi's residence
)
FIFA 2026 | 'I am truly sorry': Argentina's Enzo Fernandez, who get red card in final, reacts to loss
&im=FitAndFill=(700,400))
Why the F-22’s cockpit glass is thicker than a standard fighter jet
)
FBI arrests alleged $547mn medicare fraud fugitive after 3-year global manhunt
&im=FitAndFill=(700,400))
2026 FIFA World Cup awards: Full list of Golden Boot, Golden Ball, Golden Glove and every major winner
)
'Guru is the...': Indian Education Minister Dharmendra Pradhan shares message on education amid calls for his resignation
)
UP BTech gold medalist dies by suicide after failing in nearly 50 govt job attempts, leaves note for father
The 180 review period pause is being seen as a relief for Adani, albeit one filled with suspense, and it remains to be seen what stand the DoJ takes after six months.
Trump's order
The US president, in his order, asked the "Attorney General to review guidelines and policies governing investigations and enforcement actions under the FCPA" in 180 days.
"During the review period, the Attorney General shall cease initiation of any new FCPA investigations or enforcement actions, unless the Attorney General determines that an individual exception should be made," it said.
Additionally, the order seeks to "review in detail all existing FCPA investigations or enforcement actions and take appropriate action with respect to such matters to restore proper bounds on FCPA enforcement and preserve Presidential foreign policy prerogatives".
This comes as half a dozen US Congressmen wrote to the new Attorney General against "questionable" decisions made by the US Department of Justice (DoJ). They said that Adani Group's indictment in the alleged bribery scam, "jeopardises the relationship with close ally India".
(With inputs from agencies)
