January 09, 2025 12:06 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
6 dead in stampede near Tirupati temple during token distribution to offer prayers | Prominent journalist-film producer Pritish Nandy dies of cardiac arrest at 73 | Thousands, including Hollywood stars, flee Los Angeles upscale neighbourhood as wildfire engulfs homes | Sheesh Mahal row: AAP leaders who were denied entry into CM's residence turn towards PM's house | Anna University sexual assault accused is a DMK supporter, not member: MK Stalin | Ajit Doval, Raja Dato discuss bilateral cooperation during India-Malaysia Security Dialogue | US President-elect Donald Trump threatens to use economic force to make Canada 51st US State, Justin Trudeau retorts sharply | Elon Musk raises concern on 'world population decline' including that of India, China | Indian-origin Anita Ananda might replace Justin Trudeau as Canadian PM | 'I won't bite': Kamala Harris tells Senator's husband as he refuses to shake hands with her
After indictment in bribery case, Gautam Adani dismissed the allegations. (Image courtesy: x.com/gautam_adani)

US attorney leading Adani bribery case indictment resigns ahead of 2025 transition

| @indiablooms | Dec 21, 2024, at 01:06 am

New York: Breon Peace, United States Attorney for the Eastern District of New York, has announced his resignation, effective January 10, 2025, just days before Donald Trump’s inauguration as President, media reports said.

In office since October 15, 2021, Peace has been at the forefront of several important cases, including the fraud indictment against the Adani Group.

According to agency news, in his farewell statement, Peace described his tenure as "the honour of a lifetime," expressing gratitude for the opportunity to lead and praising his colleagues as "some of the most talented prosecutors and staff to be found anywhere in the country."

He reaffirmed the Office's dedication to pursuing justice "fairly and ethically, without bias, fear, or favour."

First Assistant United States Attorney Carolyn Pokorny will assume the role of Acting United States Attorney following Peace’s departure.

Peace’s tenure included high-profile cases such as the November indictment of the Adani Group, accusing the conglomerate and its founder, Gautam Adani, of defrauding US investors by concealing a bribery scheme.

Allegedly, bribes totalling Rs 2,029 crore were paid to Indian state officials to secure solar power contracts between 2020 and 2024.

While the Adani Group dismissed the charges as "baseless," the allegations have intensified scrutiny of the company, adding to prior claims from Hindenburg Research about improper use of offshore tax havens.

Responding to the indictment, Gautam Adani acknowledged the legal challenge, stating that the Group had faced similar situations before and would address the matter appropriately.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.