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Trump administration ends civil, criminal cases against Adani after $10 billion investment promise

The U.S. Treasury announced a $275 million settlement with India’s Adani Enterprises over alleged violations of Iran-related sanctions tied to LPG imports.
U.S. authorities are moving to resolve multiple legal cases involving billionaire Gautam Adani, including a Treasury settlement and a separate SEC agreement over alleged bribery claims.
Adani Enterprises agreed to pay $275 million after U.S. officials said the company imported gas shipments that were allegedly linked to Iran through intermediaries.

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US Justice Department drops criminal fraud case against Indian billionaire Adani

Move is part of Trump administration's mission to resolve other legal matters with Gautam Adani, who said he would invest $10 billion in US projects

3 hours ago·Ankara, Türkiye

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Reuters

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Center

Trump administration ends civil, criminal cases against Adani after $10 billion investment promise

The Trump administration on Monday moved to dismiss criminal fraud charges against Indian billionaire Gautam Adani, while also settling alleged Iran sanctions violations involving one of ‌his companies.

7 hours ago·United Kingdom

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PBS NewsHour

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Washington Times

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U.S. prosecutors drop fraud charges against billionaire Indian businessman Gautam Adani

The Justice Department said Monday it will no longer pursue charges alleging that he duped investors in a massive solar project in India.

7 hours ago·Washington, United States

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Al Jazeera

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US drops fraud charges after billionaire Adani pledges $10bn investment

Adani was accused of bribing Indian officials and misleading US investors to secure a solar power plant project in India.

7 hours ago·Qatar

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Financial Post

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Gautam Adani Closes In on Dramatic Reversal of US Legal Fortunes

(Bloomberg) — In the span of a few hours on Monday, Gautam Adani, Asia’s richest person, neared a resounding victory half way around the world that had been months in the making.

8 hours ago·Canada

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New York Post

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DOJ dropping fraud charges against billionaire Indian businessman Gautam Adani

US prosecutors asked a judge Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who had been accused of duping investors in a massive solar project in India.

10 hours ago·New York, United States

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