Overview of the Allegations Against Gautam Adani
Noted Indian-American lawyer Ravi Batra has recently commented on the serious allegations facing billionaire Gautam Adani. He pointed out that if these claims are proven to be “baseless or flawed” after Donald Trump takes office as the 47th President of the United States, there could be a potential bribery case amounting to US $265 million against Adani. Interestingly, Batra mentioned that there is a chance for this case to be dismissed altogether, depending on the outcome of the investigations and the new administration’s stance.
Impact of a New Presidential Administration
According to Batra, whenever there’s a change in the presidency, a new team is appointed, which can significantly influence ongoing legal matters. He believes that if Trump is re-elected, he would likely neutralize any legal actions that seem politically motivated. Batra emphasized that the selective use of the law to target political opponents undermines the principle of “equal protection of law” that’s enshrined in the US Constitution. This suggests that Adani might have grounds to approach his government for support in discussing these issues with the incoming US administration.
Legal Ramifications and International Considerations
Batra also highlighted the complexities surrounding the allegations, particularly regarding the extraterritorial application of US laws. Since Gautam Adani and other individuals named in the case are based in India, it raises questions about how US authorities can pursue legal action. He noted that the new Justice Department and the Securities and Exchange Commission (SEC) under Trump could potentially dismiss any criminal or civil cases if they are found to be unfounded. This complexity adds another layer to the ongoing discussions and potential legal maneuvers surrounding the allegations against Adani and his associates.
SHOTRS COVERAGE.
Noted Indian-American lawyer Ravi Batra stated that if allegations against billionaire Gautam Adani are found “baseless or flawed” after Donald Trump’s potential presidency, a bribery case involving $265 million could be filed against him. Batra emphasized that Trump’s administration might dismiss such charges, citing concerns over selective legal enforcement. He suggested that Adani could engage with the Indian government to address the issue with the incoming Trump administration. The accusations involve Adani and several associates in a bribery case.
