Gautam Adani Settles 3 US Cases for $300 Million as DOJ Drops Criminal Charges

13 articles · Updated · Bloomberg · May 19

$300 million in fines will close Gautam Adani’s US legal exposure, with the SEC set to settle its civil case for $18 million and a sanctions probe resolved for $275 million.
US prosecutors said they would stop pursuing the bribery-related criminal case against Adani, his nephew Sagar Adani and Adani Green Energy CEO Vneet Jaain, ending a three-year legal overhang.
That reversal is notable because the DOJ case had been built on extensive electronic evidence tied to alleged bribery efforts and misleading US investors.
With the cases cleared, Adani Group is poised to revive fundraising and pursue up to $30 billion of US investment, roughly triple the $10 billion it pledged in 2024.
The resolution also removes a political and regulatory obstacle that Bloomberg says could help smooth progress toward a long-pending India-US trade deal.

With U.S. charges dropped, why are there no parallel bribery investigations against officials in India?

Is a $10 billion investment promise the new key to resolving U.S. federal fraud charges?