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US judge dismisses criminal case against Indian billionaire Adani

Court grants federal prosecutors' rare bid to toss the case after the US justice department decided to abandon fraud and bribery charges.

US judge dismisses criminal case against Indian billionaire Adani

On July 14, 2024, a US judge dismissed criminal charges against Indian billionaire Gautam Adani. The charges stemmed from a 2024 case alleging Adani agreed to bribe Indian officials and misled US investors about the Adani Group's anti-corruption practices. Brooklyn-based US District Judge Nicholas Garaufis granted the dismissal, citing the Justice Department's decision to abandon the fraud and bribery case.

Before charges were unsealed, Adani had pledged to invest $10 billion in the United States. The judge questioned the DOJ about the reasons for dropping the case, but Adani claimed he was unaware of any agreement in exchange for the dismissal. Adani Group maintains its innocence, with the company denying any wrongdoing.

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