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Adani Group Chairman Gautam Adani has denied under oath that there was any promise, agreement or deal behind the U.S. Department of Justice’s move to dismiss a criminal indictment against him, saying, in a sworn affidavit, that he was unaware of any exchange connected to the decision. U.S. judge ends graft case against Gautam Adani…
Adani Group Chairman Gautam Adani has denied under oath that there was any promise, agreement or deal behind the U.S. Department of Justice’s move to dismiss a criminal indictment against him, saying, in a sworn affidavit, that he was unaware of any exchange connected to the decision. The affidavit was filed in response to a…
The U.S. Department of Justice (DoJ) has forcefully defended its decision to abandon the criminal case against Indian billionaire Gautam Adani and seven others, telling a federal judge the prosecution was legally flawed, diplomatically counterproductive and inconsistent with the Trump administration’s enforcement priorities. In a sharply worded 10-page filing, the DOJ said the case “should…
Adani Group has consistently denied wrongdoing. File. | Photo Credit: Reuters A U.S. judge on Friday (June 25, 2026) ordered the Justice Department to justify its decision to drop criminal charges against billionaire Gautam Adani, declining to rule immediately on Adani’s lawyers’ request earlier in the week to formally dismiss the case. Mr. Adani was…
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Adani Enterprises Limited has separately agreed to pay the U.S. Treasury Department $275 million to settle alleged violations of Iran sanctions. File. | Photo Credit: AP Lawyers for Gautam Adani on Wednesday (June 24, 2026) urged a U.S. judge to formally dismiss criminal charges against the billionaire, after the Justice Department said last month it…
Read More “Gautam Adani’s lawyers urge U.S. Judge to dismiss criminal case” »
The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing the high-profile securities and wire fraud case in New York to a complete close after prosecutors concluded they could not sustain the allegations. With this, multiple U.S. regulatory and legal investigations involving the group…
The November 2024 indictment in New York accused Gautam Adani and multiple subordinates of deliberately misleading international investors as part of a vast bribery scheme | Photo Credit: Reuters Billionaire industrialist Gautam Adani has agreed to pay a multi-million-dollar settlement in a U.S. civil court case linked to corruption without admitting guilt, his company said…
Read More “Gautam Adani agrees to $18 million penalty in U.S. bribery case” »