Adani Solar-Bribery Case Dismissed, Some Counts Remain
U.S. federal court dismisses criminal charges against Gautam Adani, his nephew Sagar Adani, and other co-defendants in the solar-bribery case after prosecutors moved to drop the indictment. The judge granted dismissal with prejudice on several counts while leaving a few counts alive, with the DOJ citing prosecutorial discretion and seeking more justification for the decisions. The ruling followed criticisms of a senior DOJ official, Trent McCotter, for coordinating the drop largely with defense counsel and without full input from investigators and prosecutors. Adani welcomed the ruling, expressing humility and thanking supporters for standing by the family. Related resolutions include a $275 million Treasury Department penalty tied to Iran sanctions and civil settlements with the SEC, signaling broader resolution of legal exposure. The case began in 2024 over alleged foreign-bribery schemes tied to solar contracts, and the decision may allow Adani to focus on expanding its U.S. footprint.
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