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US Drops Gautam Adani Bribery Case Amid $10 Billion Investment Offer

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Federal prosecutors in Brooklyn moved to dismiss bribery charges against Indian billionaire Gautam Adani, ending one of the Justice Department's most ambitious white-collar cases. The decision follows Adani's proposal to invest $10 billion in the United States while settling parallel civil matters with regulators.

Originally indicted in November 2024 during the Biden administration's final weeks, Adani faced accusations of paying $265 million in bribes to Indian officials between 2020 and 2024 to secure solar energy contracts. Prosecutors alleged these payments deceived American investors in Adani Green Energy, despite the conduct occurring outside U.S. borders.

The Securities and Exchange Commission secured an $18 million settlement from Adani and his nephew, while the Treasury Department reached a separate $275 million agreement with Adani Enterprises Limited over Iran sanctions violations. The case dismissal reflects the Justice Department's shift toward transactional justice under President Trump, prioritizing economic investments over traditional corruption prosecutions.

Adani's conglomerate has become instrumental to India's global economic expansion under Prime Minister Modi, with the billionaire's net worth exceeding $100 billion. The resolution clears legal uncertainty for one of Asia's most influential business empires.