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| -Lurid Crime Tales- |
| DOJ moves to permanently drop bribery case against Indian billionaire Gautam Adani |
| 2026-05-19 |
| [FoxBusinessNews] The U.S. Department of Justice has formally asked a federal court to dismiss criminal charges against Gautam Adani, an Indian billionaire accused of misleading U.S. and global investors while raising billions of dollars to finance a major solar energy project in India. Adani, considered one of Asia’s richest individuals, allegedly promised to pay more than $250 million in bribes to Indian officials to secure lucrative contracts. He and his executives further raised money from investors by falsely claiming the company maintained strict anti-corruption policies — all while allegedly continuing the bribery scheme and later attempting to conceal the evidence, prosecutors alleged in 2024. Despite the severity of the allegations, the Justice Department has requested the case be dismissed "with prejudice," indicating that the charges would be permanently dropped and may not be brought again in the future, according to court records filed Monday. Adani Group has denied the allegations, calling them baseless. "The Department of Justice has reviewed this case and has decided, in its prosecutorial discretion, not to devote further resources to these criminal charges against individual defendants," prosecutors wrote in a court filing. |
| Posted by:Skidmark |
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| Posted by: mossomo 2026-05-19 13:22 |
| #1 |
| Posted by: Skidmark 2026-05-19 01:59 |