Times of India | All charges dropped by US Department of Justice: Adani Group stocks rally up to 3%

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All criminal charges against Gautam Adani, his nephew Sagar Adani and other senior executives were dismissed after the U.S. Department of Justice withdrew its case, prompting a rally of up to 3.5 % in the shares of Adani Enterprises, Adani Green, Adani Power, Adani Ports, Adani Energy and Adani Total Gas. The group also settled civil sanctions‑related allegations with the U.S. Treasury’s Office of Foreign Assets Control for $275 million, without admitting wrongdoing, and previously resolved an $18 million civil corruption claim. The DOJ’s decision ends a 19‑month legal saga that had hampered the conglomerate’s expansion, fundraising and contracts, while the Securities and Exchange Commission’s parallel investigations into alleged bribery and nondisclosure continue.

Read more: https://timesofindia.indiatimes.com/business/india-business/all-charges-dropped-by-us-department-of-justice-adani-group-stocks-rally-up-to-3/articleshow/131191708.cms

#GautamAdani #RobertGiuffra #Adanigroup #USTreasury #OFAC #SagarAdani

Times of India | Adani Group, top officials settle all legal cases in US

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The Adani Group’s U.S. legal battles concluded this week after the company and its senior executives, including Chairman Gautam Adani, reached multiple settlements. Adani Enterprises paid $275 million to the U.S. Treasury’s Office of Foreign Assets Control to resolve alleged violations of Iran‑related sanctions stemming from LPG shipments that were actually sourced from Iran, and the U.S. Securities and Exchange Commission imposed an $18 million settlement. Separately, the Department of Justice dropped criminal charges against Gautam Adani and seven others. The resolutions followed the hiring of a new legal team led by Robert J. Giuffra Jr., a former Trump lawyer and co‑chairman of Sullivan & Cromwell.

Read more: https://timesofindia.indiatimes.com/business/india-business/adani-group-top-officials-settle-all-legal-cases-in-us/articleshow/131188663.cms

#Adanigroup #GautamAdani #AdaniEnterprises #OFAC #LPG #SagarAdani #RobertGiuffra #DonaldTrump

Al Jazeera – Breaking News, World News and Video from Al Jazeera | US drops fraud charges after billionaire Adani pledges $10bn investment

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The U.S. Department of Justice has moved to dismiss criminal fraud charges against Indian billionaire Gautam Adani, concluding that it will not devote further resources to the case after Adani pledged a $10 billion investment in the United States. The allegations—originally brought under the Biden administration—claimed Adani and associates bribed Indian officials to secure a massive solar‑power contract, misled U.S. investors, and raised over $3 billion, while also facing separate settlements over alleged sanctions violations with Iran and a civil suit by the SEC. The DOJ’s request, pending judicial approval, follows the appointment of a new legal team that includes Robert J. Giuffra Jr., a personal attorney of former President Donald Trump, and comes as Adani argues the investment would create thousands of U.S. jobs.

Read more: https://www.aljazeera.com/economy/2026/5/18/us-drops-fraud-charges-after-billionaire-adani-pledges-10bn-investment?traffic_source=rss

#Bidenadministration #DonaldTrump #SecuritiesandExchangeCommission #Adanigroup #GautamAdani #NicholasGaraufis #RobertGiuffra #SagarAdani

David R. Lurie says,

"While the end point is unclear, Trump’s would-be dictatorship is politically broken. And as Trump’s mental and physical dissipation increases by the day, it’s increasingly important to focus on the network of stooges that have built and sustained his regime."

#Trump #Republicans #mediocrity #stupidity #corruption #opportunism #ToddBlanche #PeteHegseth #KristiNoem #MikeJohnson #JeffBezos #MarkZuckerberg #PaulWeiss #RobertGiuffra #MarkwayneMullin /1

https://www.publicnotice.co/p/trump-stooges