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2w ago

Adani Group Intensifies Lobbying Efforts to End U.S. Bribery Charges

Representatives for Gautam Adani argue the case conflicts with Trump administration priorities as talks with U.S. officials escalate.

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Overview

  • Adani Group representatives have met with officials from the Trump administration and the U.S. Department of Justice to push for the dismissal of criminal and civil charges under the Foreign Corrupt Practices Act.
  • The charges, filed in November 2024, allege Gautam Adani and Sagar Adani paid $265 million in bribes to secure Indian energy contracts and misled U.S. investors during fundraising efforts.
  • Recent discussions, including a March 2025 meeting with the U.S. Attorney’s Office in Brooklyn, have reportedly gained momentum, with a resolution potentially achievable within a month.
  • Adani's aides contend that pursuing the case does not align with President Donald Trump's policy priorities, though no official comments have been made by the White House or DOJ.
  • An independent review commissioned by Adani Green Energy Ltd claims no irregularities were found, and Adani-linked shares have risen in anticipation of a favorable outcome.