Produced by: Tarun Mishra
Federal prosecutor Breon Peace has charged Gautam Adani and several associates with bribery, fraud, and violations of the Foreign Corrupt Practices Act (FCPA). The accusations include paying $250 million in bribes to secure solar energy contracts in India.
Peace, known for ties to Chuck Schumer, the Senate Majority Leader and a Democrat Party member, has raised concerns among critics about the potential influence of political agendas in the case.
The charges come days after Gautam Adani announced a $10 billion investment in the U.S. energy sector. The timing has sparked allegations of coordinated efforts to undermine Adani's ventures in the US.
CREDIT: Gautam Adani's X account
According to several social media posts, Chuck Schumer has boosted his role in the judicial appointment of Breon Peace. Schumer publicly supported Peace's appointment in 2021, sparking speculation that the Adani case could be part of a larger political agenda.
CREDIT: Chuck Schumer's Instagram
Additionally, Schumer has maintained long-standing connections with George Soros and his family, frequently appearing in public with Soros' son, Alex. He has also been an outspoken supporter of various causes championed by the Soros family.
CREDIT: Alex Soros Instagram
Ahead of the 2024 election, left-wing billionaires, including George Soros, had heavily funded a super PAC backing Senate Majority Leader Chuck Schumer, D-N.Y., to support Democratic efforts to retain Senate control, according to a report by Fox News
In Pic: Alex Soros and Geroge Soros
Democracy PAC II, mainly funded by Soros, contributed $2.5 million to Senate Majority PAC on June 22, bringing its total donations to $6 million over the past three years, following $3.5 million in 2022 and $2.5 million in 2021.
CREDIT: Alex Soros Instagram
Critics of the prosecution have alleged that figures like Barack Obama, Hillary Clinton, Joe Biden, and George Soros may be part of a broader "deep state" effort to target adversaries. However, these theories remain speculative.
In pIc: Alex Soros and Kamala Harris
President-elect Donald Trump in a social media post criticized the Democrats for allegedly attempting to "stack the courts" with what he calls "radical left judges" as they prepare to leave office. He urged Republican Senators to "hold the line" and prevent any further judicial confirmations before Inauguration Day.
The charges have led to a decline in Adani Group’s stock and bonds, while in India, opposition parties have amplified calls for further investigations into the conglomerate's dealings.
Adani supporters have alleged a deliberate campaign to discredit the group, tying the legal actions to a broader political agenda aimed at limiting his influence both in India and internationally. The claims of political targeting remain unproven and highly contentious.
In pIc: Alex Soros and Chuck Schumer