APSEZ
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US drops Adani fraud case, $275M Iran settlement clears overhang as group pledges $10B investment
DOJ dismissed criminal bribery charges against Gautam and Sagar Adani; Adani Enterprises paid $275M to settle OFAC allegations over LPG sanctions exposure. The cleanup, paired with a $10B US capex pledge, removes a capital and reputational drag on the conglomerate's retail-adjacent arms (APSEZ logistics, Adani Green).
Indian Express · Business · 5/18/2026, 9:14:09 PM