The Foreign Corrupt Practices Act (FCPA) is a United States law. It prohibits bribery of foreign officials. The act aims to promote fair business practices. It requires companies to maintain accurate financial records. The FCPA applies to all US citizens and businesses. It also extends to foreign firms listed on US stock exchanges. Violations can lead to severe penalties and legal consequences.
Recent developments have emerged surrounding Gautam Adani and his associates, who have been indicted in the United States for allegedly orchestrating a bribery scheme involving over $250 million....
