Credited from: REUTERS
A U.S. judge has dismissed criminal charges against Indian billionaire Gautam Adani, following the Justice Department's decision to abandon a long-running fraud and bribery case. Brooklyn-based U.S. District Judge Nicholas Garaufis approved federal prosecutors' request, after seeking clarification on their rationale for withdrawing the charges. Adani had promised to invest $10 billion in the U.S. prior to the unsealing of the charges in 2024, which claimed he had bribed Indian officials for approval on renewable energy projects and misled U.S. investors regarding his company's anti-corruption practices, according to Reuters, South China Morning Post, and India Times.
Adani, who has consistently denied any wrongdoing and never appeared in U.S. court, expressed gratitude following the court's decision, stating, "I welcome the U.S. court’s decision with humility and deep respect for the judicial process." His response indicated a firm belief in the legal process and commitment to contributing positively, as reported by BBC and India Times.
The dismissal request came after federal prosecutors cited difficulties in proving the case, as much of the alleged conduct occurred outside the U.S. In a July 4 filing, senior Justice Department official Trent McCotter stated, "the case was primarily foreign, hard to prove, and inconsistent with current priorities," contradicting media speculations about links to Adani's investment pledge, according to Reuters and South China Morning Post.
Judge Garaufis described the circumstances around the dismissal as "highly unusual," suggesting a potential conflict in how the decision to withdraw the charges was managed. He indicated that McCotter may have acted without adequate input from the prosecutors or the FBI, raising concerns about fairness in judicial processes. The charges were dismissed with prejudice, meaning they cannot be brought again, as detailed by BBC and India Times.