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

US President Donald Trump has issued an executive order halting the enforcement of the Foreign Corrupt Practices Act

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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