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U.S. prosecutors are preparing to drop bribery and securities fraud charges against Indian billionaire Gautam Adani. The move follows Adani's offer to invest $10 billion in the United States. The case was brought shortly before President Donald Trump returned to office.
SemaforU.S. prosecutors are on track to drop bribery charges against Gautam Adani, according to a report by The New York Times. Adani, described as Asia's richest person, had been indicted on charges that he bribed Indian officials to secure contracts and misled American investors about those actions.
The indictment occurred just before President Donald Trump returned to office. Adani first announced plans to invest $10 billion in the United States shortly after Trump's election. Prosecutors said the investment proposal would not factor into the resolution of the case.
The charges centered on allegations that Adani paid bribes to obtain lucrative contracts in India. Prosecutors also accused him of lying to U.S. investors regarding those activities. The case represented an effort to address foreign bribery involving American financial markets.
Adani's investment announcement came in the period after the election but before the inauguration. The timing drew attention to questions about how business interests and enforcement decisions intersect. The New York Times reported on the planned dismissal of the charges on May 14, 2026.
The development occurs amid a shift in approach to white-collar criminal cases, including those involving foreign bribery. Officials have shown reduced emphasis on pursuing such matters abroad. This reflects a change in priorities regarding the role of U.S. authorities in global corporate oversight.
The planned dismissal leaves unresolved the specific allegations that led to the indictment. No further details on alternative resolutions or remaining civil actions were provided in the report.
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