US drops Adani fraud cases after $10 bn investment pledge; group settles Iran sanctions probe for $275 mn
DOJ ended civil and criminal proceedings against Gautam Adani in exchange for a $10 billion US investment commitment. Adani Enterprises also paid $275 million to settle a separate Iran sanctions case, halted LPG imports into India, and appointed a compliance head — clearing overhang on group capex including airport retail.
US DOJ dropped Adani fraud cases after a $10 bn investment pledge; group paid $275 mn to settle Iran sanctions probe, clearing capex overhang.
Business Standard · Companies · 5/19/2026, 4:29:18 AM · Ask about this →