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The Economic Times

Economy / The Economic Times

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US Justice Department to drop criminal charges against Gautam Adani

In a significant turn of events, the US Justice Department has announced it will not pursue fraud charges against Indian tycoon Gautam Adani. This comes after Adani Enterprises made a substantial settlement payment of $275 million to the US Treasury, effectively concluding an investigation into alleged breaches of US sanctions concerning Iran.

18 May 2026 10:00 pm