U.S. authorities move to resolve fraud cases against Gautam Adani, says report

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U.S. ​Justice ‌Department may announce that ‌the charges ​will be dropped this ⁠week, the ‌report said, citing people familiar ‌with the matter.

Published - May 14, 2026 10:42 pm IST

Federal prosecutors in New York on November 21, 2024 indicted Adani Group Chairman Gautam S. Adani, his nephew Sagar Adani, and six others on multiple counts of fraud. File

Federal prosecutors in New York on November 21, 2024 indicted Adani Group Chairman Gautam S. Adani, his nephew Sagar Adani, and six others on multiple counts of fraud. File | Photo Credit: ANI

U.S. ​authorities ‌are moving ​to resolve ⁠the fraud charges ‌against Indian ‌billionaire ‌Gautam Adani,Bloomberg ⁠news reported on Thursday (May 14, 2026).

The ​Justice ‌Department may announce that ‌the charges ​will be dropped this ⁠week, the ‌report said, citing people familiar ‌with the matter.

Reuters ​could not immediately ⁠verify the ⁠report.

Published - May 14, 2026 10:42 pm IST

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