Latest
“STING OPERATION”..Karnataka Ministers Under Sting Operation Watch? CM DK Shivakumar Sounds Alarm Nana Patekar Passes Away at 75: The Journey of a Great Actor Comes to an End Prime Minister Narendra Modi’s 25-year public journey marked with special Khadgamala Puja at Vijayawada temple Endowments Commissioner K. Ramachandra Mohan invited to Srisailam Dasara Mahotsavams Massive drone attack on the Russian coast; fire breaks out in oil tanker! 23 Indians safe. “STING OPERATION”..Karnataka Ministers Under Sting Operation Watch? CM DK Shivakumar Sounds Alarm Nana Patekar Passes Away at 75: The Journey of a Great Actor Comes to an End Prime Minister Narendra Modi’s 25-year public journey marked with special Khadgamala Puja at Vijayawada temple Endowments Commissioner K. Ramachandra Mohan invited to Srisailam Dasara Mahotsavams Massive drone attack on the Russian coast; fire breaks out in oil tanker! 23 Indians safe.

U.S. Drops Criminal Charges Against Gautam Adani in Major Legal Victory

U.S. Justice Department drops all criminal charges against Gautam Adani and Sagar Adani, ending a major fraud case and clearing a key legal hurdle for Adani Group.

Asian Media Network | Published on: May 19, 2026, 12:23 AM
Breaking News

In a major legal relief for Indian billionaire Gautam Adani, the U.S. Department of Justice has moved to drop all criminal fraud and conspiracy charges against him and his nephew, Sagar Adani.

The case, filed in 2024 in a New York federal court, alleged that the Adanis were involved in a $265 million bribery scheme linked to solar power contracts in India and had misled U.S. investors. The Adani Group had strongly denied the allegations from the outset

. According to court filings, U.S. prosecutors decided not to pursue the case further, effectively bringing one of the most high-profile legal battles involving the Adani Group to a close. The decision is still subject to court approval.

In a parallel development, the U.S. Securities and Exchange Commission settled its related civil case against Gautam Adani and Sagar Adani, with both agreeing to pay penalties without admitting or denying wrongdoing.

 The move removes a significant legal overhang for the Adani Group and is expected to boost investor sentiment toward its companies.

Related Stories

Nana Patekar Passes Away at 75: The Journey of a Great Actor Comes to an End

Massive drone attack on the Russian coast; fire breaks out in oil tanker! 23 Indians safe.

Unexpected shock for the police... Rahul Gandhi enters the Akashvani Bhavan!

A severe accident occurred at Ananthagiri Ghat, where a bus overturned, resulting in the death of four individuals.

Army Arms Theft Case: Shocking Details Emerge in Secunderabad

Flydubai Emergency Landing: Co-Pilot Allegedly Attacked Captain, Saudi Probe Finds

Latest Articles

  1. “STING OPERATION”..Karnataka Ministers Under Sting Operation Watch? CM DK Shivakumar Sounds Alarm
  2. Nana Patekar Passes Away at 75: The Journey of a Great Actor Comes to an End
  3. Prime Minister Narendra Modi’s 25-year public journey marked with special Khadgamala Puja at Vijayawada temple
  4. Endowments Commissioner K. Ramachandra Mohan invited to Srisailam Dasara Mahotsavams
  5. Massive drone attack on the Russian coast; fire breaks out in oil tanker! 23 Indians safe.
  6. 12 Years of Waiting! TGHRC Pulls Up NIMS Over Retired Professor’s Pension Dues
  7. India-West Indies T20 Uppal stadium put on high alert as security and crowd-control plans reviewed
  8. South Coast Railway ramps up crowd control plans ahead of festive travel surge
  9. DRI Seizes Foreign-Origin Gold Worth ₹2.25 Crore at Hyderabad Airport
  10. Unexpected shock for the police... Rahul Gandhi enters the Akashvani Bhavan!
Comments

Sign in with Google to comment.