U.S. prosecutors have dismissed the criminal fraud case against Gautam Adani, the billionaire who tops Asia’s wealth rankings. The Department of Justice filed a motion stating it would not allocate further resources, clearing the way for Adani to travel to the United States after more than a year of travel bans. The filing omitted the usual prosecutor signatures, hinting at internal dissent.

At the same time, Adani Enterprises agreed to remit $275 million to the Treasury to resolve a separate investigation into alleged Iran‑sanctions breaches. The Office of Foreign Assets Control said the group purchased LPG from a Dubai trader whose shipments, allegedly sourced from Iran, displayed suspicious routing and flag changes, prompting U.S. banks to process roughly $192 million in related payments.

Earlier last week, the Securities and Exchange Commission settled a fraud suit alleging that Adani and his nephew Sagar concealed a bribery scheme in India. Neither party admitted wrongdoing, but the settlement removed a regulatory cloud that had stalled a pledged $10 billion investment in the United States contingent on a Trump victory in 2024. The Adani Group declined comment on the DoJ dismissal.

The cascade of settlements—Treasury, SEC and now the DOJ—eliminates the legal barriers that have kept Adani’s capital out of U.S. markets. With criminal charges gone and sanctions penalties paid, investors can now assess the conglomerate’s growth plans without the overhang of U.S. enforcement actions any further.