Justice Department says Adani case should end because of foreign jurisdiction, small chance of success
The department said the charges should never have been brought and argued the investors lost no money because the notes were repaid or serviced.
- The Department of Justice urged a federal judge to permanently dismiss the criminal indictment against Indian billionaire Gautam Adani, arguing the prosecution was legally flawed and inconsistent with administration enforcement priorities.
- Principal Associate Deputy Attorney General Trent McCotter stated the case should never have been brought, noting the alleged conduct occurred in India and failed to meet requirements outlined in the June 2025 Blanche Memorandum.
- After District Judge Nicholas Garaufis labeled an earlier motion "terse, bland, and conclusory," the department filed a 10-page defense arguing that continued judicial scrutiny prolongs uncertainty for defendants.
- Describing the matter as a "foreign case," McCotter argued the $18 million penalty Adani previously agreed to indicates the allegations warranted civil rather than criminal resolution.
- The department rejected claims that dismissal was linked to investment promises, despite the 2024 indictment alleging Adani Green Energy Ltd raised at least $175 million from U.S. investors.
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30 Articles
News & Record
Winston-Salem JournalDOJ says case against billionaire should end
WASHINGTON — The Justice Department said Saturday it wants to drop charges against Indian billionaire Gautam Adani because the case is primarily foreign, hard to prove and inconsistent with the agency's current priorities.
'Should never have been brought': US Justice Department seeks Adani case dismissal, blames anonymous leakers
The DOJ had, in 2024 under the Biden administration, indicted Adani and others for allegedly being involved in a scheme to bribe Indian government officials to the tune of USD 250 million and to lie to investors to receive billions more in investments from other entities.
Justice Department says Adani case should end because of foreign jurisdiction, small chance of success
The Justice Department said on Saturday it wants to drop charges against Indian billionaire Gautam Adani because the case is primarily foreign, hard to prove and inconsistent with the agency's current priorities.
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