A federal judge on Monday agreed to dismiss criminal charges again Gautam Adani, chairman and founder of Adani Group. File Photo by Divyakant Solanki/EPA-EFE
Aug. 11 (UPI) -- A federal judge has approved the Trump administration's request to dismiss criminal charges against Indian billionaire Gautam Adani while chastising the Justice Department for its reasoning and methods for abandoning the high-profile case.
U.S. District Judge Nicholas Garaufis of the U.S. District Court for the Eastern District of New York dismissed with prejudice three fraud-related charges against Gautam Adani, his nephew Sagar Adani and Vneet Jaain, while reserving judgement on two conspiracy charges against five other defendants, asking the Justice Department for more information before deciding their dismissals.
The Justice Department charged Gautam Adani and the seven other defendants, all current or former executives of Adani Group or its subsidiary Adani Green Energy, in November 2024, alleging various defendants participated in schemes to pay $265 million in bribes to Indian government officials to secure lucrative solar energy contracts, lied to U.S. and international investors to raise billions of dollars in financing and impede the investigations of three U.S. government entities.
