New Delhi: The situation is uprooted with the bribe of the government project. The US court issued an arrest warrant against industrialist Gautam Adani. But this time, US President Donald Trump has taken initiative to legally legitimize bribe. He informed that if there was so much restriction, American companies would be inconvenient. He ordered the law to be taken with the bribe. (Donald trump)
Trump has signed the order to lift the anti-bribe law. Attorney General Pam has directed Bondi to refrain from taking steps under the Foreign Corruption Preatures Act (FCPA). No action can be taken against anyone for alleged bribe until the new law is introduced. Right now, there are allegations of bribery against those who, or those against whom in the past, will be reviewed and reviewed. (Gautam Adani)
According to the law that has been introduced in the United States for so long, a company or person who has the connection with American companies, it was forbidden to convey bribe or expensive gifts to government officials from any other country. There was also a degeneration of a fine of billions of rupees in the evidence of bribery. The American judiciary could also take action. For the first time, Trump was trying to repeal the law while sitting in the United States. Although the service was not successful, he ordered to repeal the law.
According to the Trump government, the FCPA Act has many sanctions. American companies are not allowed to do so easily in the international field. As a result, the competition has to fall behind. There is no equal opportunity on the playground. This is the loss of American companies. Trump said, “Even if it sounds good to hear, FCPA is nothing but disaster. That’s why no one wants to do business with Amerika. If an American wants to do business in a country abroad, investigations can be launched. No one agrees to do business with America. “
This directive of Trump may be a relief for Indian industrialist Gautam Adani and his organization. Because of the money raised from the United States, the government officials of several states of India have been accused of collecting the power project with more than 20 crore bribe. The FCPA law is filed against them. An arrest warrant was also issued against Adani, his nephew Sagar and the organization officials. It is alleged that they were suppressed to bribe investors.
Although the Adani group referred to the whole matter as ‘tried to defame India’, they have to be overwhelmed by legal trouble. There is severe damage to the stock market. Trump now ordered the FCPA law to be repealed. He even informed that no action could be taken against anyone until the new guidelines came. As a result, the adani group may not have to read the punishment. Economic experts say Trump’s directive is not a coincidence in the United States before Narendra Modi’s visit to the United States.
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