DOJ moves to drop Adani charges

Fraud and bribery charges had previously been filed against the Indian billionaire

Indian billionaire and Chairman of the Adani Group, Gautam Adani, addresses the 51st Gem and Jewellery Awards in Jaipur, India
Indian billionaire and Chairman of the Adani Group, Gautam Adani
(Image credit: Vishal Bhatnagar / NurPhoto / Shutterstock)

What happened

The Trump administration plans to drop fraud and bribery charges against Indian billionaire Gautam Adani, Bloomberg first reported Thursday. Adani, indicted in 2024 for an alleged $250 million solar energy scam, also faces a related civil case from the Securities and Exchange Commission, as well as a Treasury Department investigation. Both agencies are now also reportedly preparing to settle.

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Rafi Schwartz, The Week US

Rafi Schwartz has worked as a politics writer at The Week since 2022, where he covers elections, Congress and the White House. He was previously a contributing writer with Mic focusing largely on politics, a senior writer with Splinter News, a staff writer for Fusion's news lab, and the managing editor of Heeb Magazine, a Jewish life and culture publication. Rafi's work has appeared in Rolling Stone, GOOD and The Forward, among others.