US reaches $275M settlement with India's Adani

1 day ago

The United States Treasury has announced that it had reached a $275 million settlement with India's Adani Enterprises Limited over alleged violations of sanctions against Iran. "The US Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced a $275,000,000 settlement with Adani Enterprises Limited (AEL), an Ahmedabad, India-based company," a US statement said on Monday. "AEL agreed to settle