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US Dismisses Adani Case, Settles $18M Fraud, $275M Sanctions

6/24/2026

Summary

Story summary

The U.S. Department of Justice dismissed the case against billionaire Gautam Adani, saying the $10 billion investment pledge did not influence its decision.
Donald Trump Jr., son of President Donald Trump, met Gautam Adani in India during a wedding tour in November.
The Securities and Exchange Commission settled an $18 million fraud claim with Adani Enterprises.
Adani resolved the Office of Foreign Assets Control sanctions probe by paying $275 million without admitting wrongdoing.

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Story summary

The U.S. Department of Justice dismissed the case against billionaire Gautam Adani, saying the $10 billion investment pledge did not influence its decision.
Donald Trump Jr., son of President Donald Trump, met Gautam Adani in India during a wedding tour in November.
The Securities and Exchange Commission settled an $18 million fraud claim with Adani Enterprises.
Adani resolved the Office of Foreign Assets Control sanctions probe by paying $275 million without admitting wrongdoing.