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Judge dismisses criminal case against Indian billionaire
['Luc Cohen']
Honolulu Star-Advertiser
NEW YORK >> A U.S. judge today dismissed criminal charges against Indian billionaire Gautam Adani, but said the Justice Department’s decision to abandon the fraud and bribery case was concerning.
The judge wrote that his dismissal of the case should not be interpreted as his agreement with the Justice Department’s decision to drop the charges or an opinion about the merits of the case.
He asked the Justice Department to submit more information to help him decide whether to dismiss charges against additional defendants.
In the July 4 court filing, McCotter said the case was primarily foreign, hard to prove and inconsistent with the agency’s current priorities.
Garaufis wrote that he took “no position on the ultimate propriety of Mr. Giuffra’s repeat attempts to resolve this bribery case with monetary offers.”