Adani settles US DoJ/OFAC cases for $275M; criminal charges dropped, clearing path for retail arm expansion
USISPF welcomed the settlement closure as Gautam and Sagar Adani saw criminal charges dismissed. Group commits $10B fresh US investment atop $20.5B existing Indian-origin US investments. Removes governance overhang shadowing Adani's consumer, infrastructure and retail-adjacent businesses.
Adani Group settled US DoJ and OFAC probes for $275M; criminal charges against Gautam and Sagar Adani dropped, clearing retail expansion path.
The Hindu BusinessLine · 5/19/2026, 6:12:33 AM · Ask about this →