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Article The Guardian Business

US judge drops criminal charges against Indian billionaire Gautam Adani

The Guardian Business August 10, 2026 · 7:54 pm Read Original
Pessimistic -25.0
−100 Bearish 0 +100 Bullish
US judge drops criminal charges against Indian billionaire Gautam Adani

Justice department says it decided to abandon fraud and bribery case in which Adani Group has denied wrongdoingA US judge on ⁠Monday dismissed criminal charges against the Indian ⁠billionaire Gautam Adani, after ​the justice department said it had decided to abandon the fraud and bribery case.The Brooklyn-based district judge Nicholas Garaufis’s decision to grant federal prosecutors’ rare attempt to ⁠toss the case came after he inquired into their reasons for doing so, including by asking Adani whether anything was promised in exchange for the dropping of the case. In November 2024, before ⁠the charges were unsealed, Adani had promised to invest $10bn in the United States. Continue reading...

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Article Info
Source The Guardian Business
Published Aug 10, 2026 · 7:54 pm
Article ID g0ox7dt
Original URL Open source
Sentiment Signal
Pessimistic -25.0
−100Neutral+100
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