According to a report by Reuters on May 15, 2026, the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are planning to drop charges against Indian billionaire Gautam Adani. The decision could come as soon as this week, roughly 18 months after the agencies accused Adani of bribery and fraud.
The report, citing sources familiar with the matter, indicates that the U.S. authorities are considering dropping the charges due to Adani's willingness to invest in the United States and create jobs. The Adani Group has pledged significant investments in U.S. infrastructure and energy projects.
Gautam Adani, chairman of the Adani Group, was indicted in November 2024 on charges of securities fraud, wire fraud, and conspiracy to commit bribery. The allegations involved a scheme to pay bribes to Indian government officials to secure favorable terms for solar power contracts.
The potential resolution of these charges marks a significant development for the Adani Group, which has faced legal and reputational challenges since the allegations were made. The company has consistently denied any wrongdoing.
