US Agency Still Reviewing Funding Adani’s Sri Lanka Project
- Final agreement on loan hasn’t been reached yet, DFC says
- Gautam Adani was indicted by US for alleged bribery plot
The Port of Colombo, Sri Lanka.
Photographer: Buddhika Weerasinghe/BloombergThis article is for subscribers only.
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A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives.