Stock Markets June 24, 2026 02:17 PM

Legal Counsel Asks U.S. Judge to Dismiss Criminal Case Against Gautam Adani

Defense lawyers point to jurisdictional limits and insufficient proof of alleged bribery after DOJ moved to drop prosecution

By Priya Menon
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Attorneys for Indian billionaire Gautam Adani have formally requested that a U.S. federal judge dismiss criminal charges against him, following the Justice Department's recent decision to cease its prosecution. The 2024 indictment alleged bribery related to approval for a solar project and misleading statements to U.S. investors; defense counsel argues the case lies outside U.S. reach and that evidence of bribery in India cannot be proven. Separate regulatory settlements with the SEC and U.S. Treasury remain in place.

Legal Counsel Asks U.S. Judge to Dismiss Criminal Case Against Gautam Adani
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Key Points

  • Defense counsel asked a U.S. district judge to formally dismiss criminal charges after the Justice Department decided not to pursue the prosecution.
  • The 2024 indictment alleged bribery tied to approval for a solar plant and misleading statements to U.S. investors; Adanis group denies wrongdoing.
  • Separate civil and regulatory settlements are in place: an SEC settlement with payments of $6 million by Gautam Adani and $12 million by Sagar Adani, and a $275 million settlement by Adani Enterprises with the U.S. Treasury over alleged sanctions violations - sectors affected include renewable energy approvals, capital markets, and international compliance.

Lawyers for Gautam Adani filed a request on Wednesday asking a Brooklyn-based federal judge to enter an order dismissing criminal charges against the Indian tycoon, after the U.S. Department of Justice notified parties last month that it would no longer pursue the prosecution.

The 2024 indictment accused Adani of agreeing to bribe Indian government officials so that a subsidiary of his Adani Group could secure approval to develop a solar plant. Prosecutors also alleged he misled U.S. investors by providing assurances about his companys anti-corruption controls. Adani Group has consistently denied any wrongdoing.

In a letter submitted to U.S. District Judge Nicholas Garaufis, defense attorney Robert Giuffra argued the court should formally dismiss the criminal case on two primary bases: that the matters alleged are beyond the reach of U.S. law, and that prosecutors would be unable to prove the alleged bribery occurred in India. Giuffra noted the Justice Departments decision to drop the indictment came after what he described as "months of detailed and extensive communications and meetings with counsel" for Adani and his co-defendants.

The judge's signature is required to effect the dismissal; until Garaufis signs off, the formal court record will still reflect the outstanding criminal charges.

Giuffra's letter also urged the court to dismiss parallel civil charges brought by the U.S. Securities and Exchange Commission, referring to the SECs settlement in which Gautam Adani agreed to pay $6 million and his nephew, Sagar Adani, agreed to pay $12 million. Those civil matters were negotiated separately between the parties and the regulator.

Separately, Adani Enterprises Limited has reached a settlement with the U.S. Treasury Department, agreeing to pay $275 million to resolve alleged violations of U.S. sanctions on Iran. That settlement is distinct from the criminal case that defense counsel asked the judge to dismiss.

For now, the court must take the defense filing under consideration and determine whether to enter dismissal orders for the criminal indictment and any related civil claims, in light of the Justice Departments prior decision to discontinue the prosecution.

Risks

  • Judicial action is required to formalize dismissals - until the judge signs orders, uncertainty remains about the status of the criminal indictment and related civil claims, affecting legal and financial market clarity.
  • The defenses claim that alleged bribery cannot be proven in India highlights evidentiary and jurisdictional uncertainty, which may prolong litigation or appeals and impact investor perception of regulatory risk in cross-border energy and infrastructure projects.
  • Although the DOJ dropped the prosecution, existing regulatory settlements with the SEC and the U.S. Treasury create ongoing compliance and cash-flow implications for Adani entities, particularly in areas tied to sanctions compliance and market disclosures.

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