Story perspectives

US Pushes Dismissal of Adani Fraud, $293M Settlements Highlighted

6/12/2026

Summary

Story summary

The Department asked a New York judge to dismiss fraud and bribery charges against Gautam Adani.
Senators Elizabeth Warren and Richard Blumenthal asked Acting Attorney General Todd Blanche about dismissal “transactional” nature and if hiring Robert Giuffra, attorney of U.S. President Donald Trump, affected the decision.
The SEC said Adani and his nephew settled an $18 million fraud case while the Treasury announced a $275 million sanctions settlement with Adani Enterprises Ltd.

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Story summary

The Department asked a New York judge to dismiss fraud and bribery charges against Gautam Adani.
Senators Elizabeth Warren and Richard Blumenthal asked Acting Attorney General Todd Blanche about dismissal “transactional” nature and if hiring Robert Giuffra, attorney of U.S. President Donald Trump, affected the decision.
The SEC said Adani and his nephew settled an $18 million fraud case while the Treasury announced a $275 million sanctions settlement with Adani Enterprises Ltd.