- U.S. judge threw out the case against Indian billionaire Gautam Adani on Monday (August 10, 2026) after the administration decided to drop the fraud and bribery allegations against him.
A U.S. judge has dismissed fraud and bribery allegations against Indian billionaire Gautam Adani after the administration opted to drop the case. The allegations involved a $265 million scheme to bribe Indian officials for solar energy contracts.1
Brooklyn federal judge Nicholas Garaufis formally approved the request from prosecutors, raising questions about the motivations behind the dismissal.
U.S. media reported that Adani's attorney, Robert Giuffra, who is also Donald Trump's personal lawyer, indicated that Adani would invest $10 billion in the U.S. economy if the charges were dropped.
The judge noted that the decision to drop the case was unusual, as it appeared to be made in collaboration with defense counsel without input from the FBI or SEC agents involved in the investigation.
Adani expressed gratitude for the ruling, stating on social media, "I welcome the U.S. court's decision with humility and deep respect for the judicial process". He emphasized that his faith in truth and fairness remained unwavering throughout the ordeal.
“The dismissal came after the administration decided to drop the charges, marking a significant legal victory for Adani. The case had been a major focus for the billionaire, who has consistently denied any wrongdoing.”
