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DOJ Nears Dropping Charges Against Adani Amid $10B Offer

5/15/2026

Summary

Adani Charges Dropped

The U.S. Department of Justice is preparing to drop criminal charges against Indian billionaire Gautam Adani.
Adani hired Trump lawyer Robert J. Giuffra Jr., who presented 100 slides and offered a $10 billion investment and 15,000 jobs to drop the charges.
The Securities and Exchange Commission is moving to settle a November 2024 case.
DOJ prosecutors allege Adani bribed Indian officials, lied to U.S. investors, and that Forbes values him at $82 billion.

Summary

Adani Rebounds

The indictment erased about $13 billion from the Adani Group’s market value.
Forbes said Adani’s net worth rose $3.5 billion on Wednesday from an unrelated deal.
Adani hired U.S. lobbyists and met officials of President Donald Trump’s administration to sway the DOJ.
Analysts say that ending the criminal case could free the conglomerate to raise additional billions.
Bloomberg expects any SEC settlement to include a monetary penalty, though the amount is undisclosed.

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Adani Charges Dropped

The U.S. Department of Justice is preparing to drop criminal charges against Indian billionaire Gautam Adani.
Adani hired Trump lawyer Robert J. Giuffra Jr., who presented 100 slides and offered a $10 billion investment and 15,000 jobs to drop the charges.
The Securities and Exchange Commission is moving to settle a November 2024 case.
DOJ prosecutors allege Adani bribed Indian officials, lied to U.S. investors, and that Forbes values him at $82 billion.

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