'Deep Respect for the Judicial Process': Gautam Adani Responds After US Court Drops Criminal Charges
A US federal court dismissed criminal charges against Adani Group Chairman Gautam Adani and Sagar Adani, following a DOJ request. Gautam Adani welcomed the decision, reaffirming his commitment to the nation. The DOJ had argued the case lacked legal footing and belonged in India. 'Throughout this challenging period, our faith in truth, fairness and the rule of law remained unwavering', Adani said.
A United States federal court on Monday, August 10, officially dismissed criminal fraud and bribery charges against billionaire Gautam Adani and his nephew, Sagar Adani. The ruling by US District Judge Nicholas Garaufis of the Eastern District of New York brings an end to the high-profile legal case initiated in 2024, following a formal request by the US Department of Justice (DOJ) to drop the prosecution.
Gautam Adani Welcomes the Ruling
Reacting to the development, Adani Group Chairman Gautam Adani took to social media platform X to express his response, emphasising his confidence in the legal system. "I welcome the US court's decision with humility and deep respect for the judicial process. Throughout this challenging period, our faith in truth, fairness and the rule of law remained unwavering," Adani wrote. Gautam Adani Met Donald Trump Jr During India Visit Before US DOJ Dropped Fraud Case: Report.
Gautam Adani US Court Decision To Dismiss Charges Against Him
I welcome the US court’s decision with humility and deep respect for the judicial process.
Throughout this challenging period, our faith in truth, fairness and the rule of law remained unwavering.
My deepest gratitude to those who never lost faith in us, in the system and in…
— Gautam Adani (@gautam_adani) August 10, 2026
"My deepest gratitude to those who never lost faith in us, in the system and in India's capacity for justice. We will continue doing what matters: building for our nation, creating value that outlasts us and serving a purpose larger than ourselves. That is our commitment. Jai Hind," Gautam Adani said.
Judge's Decision and DOJ's Stance
Judge Garaufis granted the federal prosecutors' rare bid to dismiss the indictment after conducting a review into the rationale behind dropping the case. While granting the dismissal, the judge noted he was satisfied that an investment pledge made by the Adani Group did not influence the Justice Department's decision. The DOJ had earlier defended its decision in detailed court filings, stating that the case - which centered around solar energy contracts and allegations of misleading US investors - was overwhelmingly connected to India and should never have been brought forward. Senior DOJ officials argued that prosecuting foreign matters of this nature fell outside effective resource allocation and that India's domestic systems were fully equipped to handle internal governance.
Case Background
The legal proceedings originated from a 2024 indictment alleging a scheme involving solar energy contracts in India and subsequent scrutiny over disclosures made to US investors. The Adani Group consistently denied all allegations of wrongdoing. With the formal dismissal of the criminal indictment by the federal court, the multi-month legal challenge in the United States has officially concluded.
(The above story first appeared on LatestLY on Aug 11, 2026 08:38 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
