Indian billionaire Adani's companies reportedly under scrutiny from U.S. prosecutors
A WSJ investigation found tankers traveling between Mundra in the western Indian state of Gujarat and the Persian Gulf exhibited traits experts say are common for ships evading sanctions, the report said.
The U.S. Justice Department is reviewing activities of several LPG tankers used to ship cargoes to Adani Enterprises, the WSJ said, citing people familiar with the matter.
Reuters could not immediately confirm the report.
'Adani categorically denies any deliberate engagement in sanctions evasion or trade involving Iranian-origin LPG,' a company spokesman told the WSJ in a statement. 'Further, we are not aware of any investigation by U.S. authorities on this subject.'
Adani, the U.S. Department of Justice and the U.S. Attorney's Office in Brooklyn did not immediately respond to Reuters' request for comment.
U.S. President Donald Trump said in May that all purchases of Iranian oil or petrochemical products must stop and any country or person buying any from the country would be immediately subject to secondary sanctions.
Any inquiry into Adani would come months after U.S. authorities indicted Adani and his nephew, Sagar Adani, alleging they paid bribes to secure power supply contracts, and misled U.S. investors during fundraising in the United States.
Adani Group has called the accusations 'baseless' and vowed to seek 'all possible legal recourse.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CTV News
a day ago
- CTV News
Trump runs into the difficulty of Putin diplomacy and ending a long war
U.S. President Donald Trump, second right, shakes hands with Russian President Vladimir Putin after their joint news conference on Friday, Aug. 15, 2025, at Joint Base Elmendorf-Richardson, Alaska. ((Gavriil Grigorov, Sputnik, Kremlin Pool Photo via AP) NEW YORK — U.S. President Donald Trump walked into a summit with Russia's Vladimir Putin pressing for a ceasefire deal and threatening 'severe consequences' and tough new sanctions if the Kremlin leader failed to agree to halt the fighting in Ukraine. Instead, Trump was the one who stood down, dropping his demand for a ceasefire in favor of pursuing a full peace accord — a position that aligns with Putin's. After calls with Ukrainian President Volodymyr Zelenskyy and European leaders, Trump wrote as he flew home from Friday's meeting in Alaska that it had been 'determined by all that the best way to end the horrific war between Russia and Ukraine is to go directly to a Peace Agreement, which would end the war, and not a mere Ceasefire Agreement, which often times do not hold up.' It was a dramatic reversal that laid bare the challenges of dealing with Putin, a cunning adversary, as well as the complexities of a conflict that Trump had repeatedly boasted during his campaign that he could solve within 24 hours. Trump's position after the summit with Putin Few details have emerged about what the two leaders discussed or what constituted the progress they both touted. The White House did not respond to messages seeking comment Saturday. While European leaders were relieved that Trump did not agree to a deal that ceded territory or otherwise favored Moscow, the summit allowed Putin to reclaim his place on the world stage and may have bought Russia more time to push forward with its offensive in Ukraine. 'We're back to where we were before without him having gone to Alaska,' said Fiona Hill, who served as Trump's senior adviser on Russia at the National Security Council during his first term, including when he last met Putin in Helsinki in 2018. In an interview, Hill argued that Trump had emerged from the meeting in a weaker position on the world stage because of his reversal. Other leaders, she said, might now look at the U.S. president and think he's 'not the big guy that he thinks he is and certainly not the dealmaking genius.' 'All the way along, Trump was convinced he has incredible forces of persuasion,' she said, but he came out of the meeting without a ceasefire — the 'one thing' he had been pushing for, even after he gave the Russian leader the 'red carpet treatment.' Trump has 'run up against a rock in the form of Putin, who doesn't want anything from him apart from Ukraine,' she said. Democrats call for consequences for Putin At home, Democrats expressed alarm at what at times seemed like a day of deference, with Trump clapping for Putin as he walked down a red carpet during an elaborate ceremony welcoming him to U.S. soil for the first time in a decade. The two rode together in the presidential limousine and exchanged compliments. Trump seemed to revel in particular in Putin echoing his oft-repeated assertion that Russia never would have invaded Ukraine if Trump had been in office instead of Democrat Joe Biden at the time. Before news cameras, Trump did not use the opportunity to castigate Putin for launching the largest ground invasion in Europe since World War II or human rights abuses he's been accused of committing. Instead, Putin was the one who spoke first, and invited Trump to join him in Moscow next. 'President Trump appears to have been played yet again by Vladimir Putin,' said Democratic Sen. Jeanne Shaheen of New Hampshire, ranking member of the Senate Foreign Relations Committee. 'The President rolled out a red carpet and warmly greeted a murderous dictator on American soil and reports indicate he got nothing concrete in return.' 'Enough is enough,' she went on. 'If President Trump won't act, Congress must do so decisively by passing crushing sanctions when we return in the coming weeks.' Sen. Jack Reed, a Rhode Island Democrat who is the ranking member of the Senate Armed Services Committee, said he supports diplomacy but 'peacemaking must be done responsibly.' 'Instead of caving to Putin, the U.S. should join our allies in levying tough, targeted new sanctions on Russia to intensify the economic pressure,' he said. Trump has touted himself as the president of peace Trump has tried to cast himself as a peacemaker, taking credit for helping deescalate conflicts between India and Pakistan as well as Thailand and Cambodia. He proudly mediated a peace agreement between Rwanda and the Democratic Republic of Congo and another between the leaders of Armenia and Azerbaijan to end decades of fighting. Trump has set his eye on the Nobel Peace Prize, with numerous allies offering nominations. But Trump has struggled to made headway on the world's two most vexing conflicts: the Russia-Ukraine war and Israel's offensive in Gaza against Hamas. Republicans and Trump allies offer little response so far In Washington, the summit was met by little response from Trump's allies. Republican lawmakers who spoke out were largely reserved and generally called for continued talks and constructive actions from the Trump administration. 'President Trump brought Rwanda and the DRC to terms, India and Pakistan to terms, Armenia and Azerbaijan to terms. I believe in our President, and believe he will do what he always does — rise to the challenge,' Rep. Brian Mast, a Florida Republican who chairs the House Foreign Affairs Committee, said in a statement to The Associated Press. Sen. Lisa Murkowski, an Alaska Republican, wrote on social media after the summit that 'while the press conference offered few details about their meeting' she was 'cautiously optimistic about the signals that some level of progress was made.' Murkowski said it 'was also encouraging to hear both presidents reference future meetings' but that Ukraine 'must be part of any negotiated settlement and must freely agree to its terms.' Sen. Lindsey Graham, a South Carolina Republican and close Trump ally, offered that he was 'very proud' of Trump for having had the face-to-face meeting and was 'cautiously optimistic' that the war might end 'well before Christmas' if a trilateral meeting between Trump, Zelenskyy and Putin transpires. 'I have all the confidence in the world that Donald Trump will make it clear to Putin this war will never start again. If it does, you're going to pay a heavy price,' he said on Fox News. For some Trump allies, the very act of him meeting with Putin was success enough: conservative activist and podcaster Charlie Kirk called it 'a great thing.' Some see a Putin win and a Trump loss But in Europe, the summit was seen as a major diplomatic coup for Putin, who has been eager to emerge from geopolitical isolation. Former Russian president Dmitry Medvedev, deputy head of Russia's Security Council, praised the summit as a breakthrough in restoring high-level dialogue between Moscow and Washington, describing the talks as 'calm, without ultimatums and threats.' Former Swedish prime minister Carl Bildt said the summit was 'a distinct win for Putin. He didn't yield an inch' but was also 'a distinct setback for Trump. No ceasefire in sight.' 'What the world sees is a weak and wobbling America,' Bildt posted on X. Burrows reported from London. AP reporters Matt Brown in Washington and John Leicester in Paris contributed to this report. Jill Colvin And Emma Burrows, The Associated Press


Canada News.Net
3 days ago
- Canada News.Net
South Korean Foreign Minister arrives in India on maiden visit
New Delhi [India], August 16 (ANI): Foreign Minister of South Korea, Cho Hyun, arrived in New Delhi on Friday evening for his maiden visit to India. Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal extended his greetings, noting that the India-South Korea Special Strategic Partnership remains strong and future-oriented. In a post on X, Jaiswal wrote, 'Warm welcome to FM Cho Hyun of the Republic of Korea as he arrives in New Delhi on his maiden visit to India. India-South Korea Special Strategic Partnership remains strong & geared towards the future.' Korea's Liberation Day coincides with India's Independence Day. Cho Hyun extended his greetings to India after External Affairs Minister S Jaishankar wished him on the occasion. In a post on X, he said, 'Dear External Affairs Minister S Jaishankar, thank you sincerely for your warm congratulations on Korea's National Liberation Day. Today is also India's Independence Day, and I extend my heartfelt congratulations. I look forward to further deepening the close friendship and cooperation between our two countries. I hope to see you soon!' Jaishankar shared an old snippet of Prime Minister Narendra Modi meeting South Korean President Lee Jae Myung on the sidelines of the G7 Summit at Kananaskis in Canada in June. In a post on X, he said, 'Heartfelt congratulations to FM Cho Hyun, the Government and the people of the Republic of Korea on their National Liberation Day. Look forward to welcoming you to India.' Marking the twin celebrations, the Korean Embassy in India released a video in which Korean diplomats conveyed Independence Day wishes in Hindi. 'Letter from the Korean Embassy on Independence Day, in Hindi. Watch as our Korean Diplomats at the Embassy wish you a Happy Independence Day,' the Embassy said. Meanwhile, the Indian Embassy in Seoul celebrated the 79th Independence Day. In a post on X, the Embassy said, 'The Indian diaspora in South Korea joyfully celebrated the 79th Independence Day at the Indian Embassy in Seoul. Ambassador Amit Kumar unfurled the Indian flag, read the Hon'ble President's Address to the Nation. The event featured vibrant cultural performances by the members of the Indian community. The captivating performances highlighted India's rich cultural heritage, with diaspora members delivering captivating performances that instilled pride and joy in the audience.' (ANI)


CBC
3 days ago
- CBC
Indians protest Trump's tariff threats
Indian workers, farmers and students across the country staged protests against U.S. President Donald Trump's tariff threats on Wednesday. Trump has vowed to impose an additional 25 per cent tariff on Indian goods on Aug. 27, which would raise duties on some exports to as high as 50 per cent.