Gautam Adani has submitted a sworn affidavit denying any connection between a deal and the dismissal of a U.S. criminal case against him. The statement addresses public speculation regarding the circumstances surrounding the case's resolution.
In his affidavit, Adani emphasized that the Adani Group's planned $10 billion investment in the United States had been publicly announced on November 13, 2024—prior to the unsealing of the indictment. By establishing this timeline, Adani sought to distinguish the investment announcement from any potential legal developments, suggesting the two matters are independent of one another.
The affidavit represents a formal legal response to questions about whether any quid pro quo arrangement or settlement deal influenced the outcome of the criminal proceedings. The statement addresses broader scrutiny surrounding the case and its dismissal, with Adani clarifying the sequence and nature of the Group's U.S. business intentions.
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