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Trump Halts FCPA Enforcement: Major Relief for Adani Group Amid Bribery Probe

Ritam EnglishRitam English13 Feb 2025, 03:05 pm IST

In a landmark decision that could reshape international business practices, US President Donald Trump has issued an executive order halting the enforcement of the Foreign Corrupt Practices Act, a decades-old law that prohibits US firms and individuals from bribing foreign officials. The move, widely seen as a bid to enhance American economic competitiveness, has sparked both praise and controversy, especially in light of the ongoing legal battle involving Indian billionaire Gautam Adani.

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