The Donald Trump administration in the United States on Monday asked a court to dismiss fraud charges against Adani Group chairperson Gautam Adani, Reuters reported.This came days after reports said Gautam Adani’s lawyers had told the US Department of Justice that he would invest $10 billion in the country’s economy and help create 15,000 jobs if the charges against him were dropped.Earlier on Monday, the US Department of Treasury ‌also said that Adani Enterprises had agreed to pay $275 million to settle its potential civil liability for alleged violations of US sanctions on Iran.Adani Enterprises is the flagship company of the Adani Group, led by Gautam Adani.On Monday, the Department of Justice told Judge Nicholas Garaufis at the US District Court in the Eastern District of New York that it had decided, “in its prosecutorial discretion, not to devote further resources to these criminal charges against individual defendants”, reported the AP.For the charges to be dropped, Garaufis must approve the request.The US authorities had in November 2024 indicted Gautam Adani and his nephew Sagar Adani for allegedly orchestrating a $265 million fraud scheme to bribe officials in India for solar energy contracts, and then misrepresenting the company’s anti-bribery practices to investors in the US.The details of the alleged bribes were concealed to secure financing, the US justice department had claimed.The Adani Group has denied the allegations. In a stock exchange filing in November 2024, the conglomerate said that Gautam Adani and Sagar Adani had been charged in the US for securities fraud, not bribery.On Thursday, The New York Times reported that the US Department of Justice is planning to drop the charges against Gautam Adani after he hired a legal team led by Robert J Giuffra Jr, one of US President Donald Trump’s personal lawyers.The newspaper reported that Giuffra met officials at the justice department’s headquarters in Washington in April. He presented about 100 slides arguing that the prosecutors lacked evidence and jurisdiction in the matter, The New York Times quoted unidentified persons familiar with the meeting as saying.One slide also allegedly made an offer that Gautam Adani would make investments in the US, according to the newspaper.Even if the criminal charges are dropped, Gautam Adani is still expected to pay financial penalties, the US newspaper quoted persons aware of the case as saying.During the same meeting, the lawyer also sought to resolve a parallel civil case filed by the US Securities and Exchange Commission against Gautam Adani, The New York Times had reported.On Thursday, the US markets regulator reached a settlement with Gautam Adani in the matter, the Financial Times reported. As part of this settlement, Gautam Adani agreed to pay $6 million and Sagar Adani $12 million.Adani Green Energy, a subsidiary of the Adani Group, had told stock exchanges on Friday that the “company is not a party to this proceeding, and no charges have been brought against it”.However, it confirmed that Gautam Adani and Sagar Adani had agreed to the “payment of a civil penalty”, while stating that the decision was made “without admitting or denying the allegations made in the civil complaint”.The final judgement of the US Eastern District Court of New York is awaited in the matter, the company said.Alleged violation of Iran sanctionsBetween November 2023 and June 2025, Adani Enterprises had allegedly purchased shipments ​of liquefied petroleum gas from a Dubai-based trader purporting to supply Omani and Iraqi gas, the Office of Foreign Assets Control ​said in a statement on Monday.However, the gas had actually originated in Iran, the US department alleged.The Adani Group has not yet commented on the announcement made by the US treasury department.Edited by Sneha.