Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.This mistake almost cost me my GST refund at Changi Airport; Buy these Charles & Keith handbags in India insteadA simple mistake at Changi Airport nearly cost us our GST refund after a
The United States and Cuba held talks this week on a U.S. offer of $100 million in assistance, which Washington has dangled as an incentive for reforms, a U.S. official said on Tuesday (May 19, 2026). Mike Hammer, the acting U.S. ambassador to Havana, met on Monday (May 18
The legendary GTI badge goes electric for the first time. The Volkswagen ID Polo GTI Electric was originally previewed as the ID. 2all concept in 2023. It has a 0 to 100km/h sprint time of 6.8 seconds. Volkswagen has unveiled an electric version of its famous ID. Polo hatchback. While the new
Mouni Roy brings India to Cannes with chic patola print gown, dazzles the night in midnight blue dressAt Cannes, Mouni Roy donned two striking looks, including a chic midnight-blue gown and a stunning patola-embroidered dress. Published on: May 20
Bengaluru techie explains why life in Germany felt calmer than India: ‘Never opened laptop after work’A Bengaluru techie said life in Germany felt quieter and more balanced than his daily routine in Bengaluru. Published on: May 20, 2026 10:05 AM IST By Mahipal Singh Chouhan Share via Copy link
US drops fraud charges against Indian tycoon Adani
The US Department of Justice has dropped criminal fraud charges against Indian billionaire Gautam Adani and some officials of his firm, days after he agreed to settle a separate civil case.
Adani Enterprises, his group's flagship firm, also agreed to pay $275m (£205m) to the US Treasury to settle a separate investigation into alleged violations of sanctions on Iran.
Sources told the BBC that the Adani Group has now resolved all three legal cases against it in the US. This will pave the way for Adani to travel to the US without risk of legal proceedings.
Media reports say the dropped charges reflect a broader move away from prosecuting foreign bribery cases under Donald Trump's administration.
Adani, 63, is one of the world's richest people, worth $82bn according to Forbes. His Adani Group is one of India's largest business conglomerates with interests in sectors including energy, ports and airports.
The cases against him had generated a lot of attention in the US and India.
In 2024, the US justice department registered criminal fraud charges against Adani and various officials from his company for allegedly paying bribes to Indian officials for high-profile renewable energy projects and misleading US investors about it. He and his company strongly denied the allegations.
Adani Green Energy said in a filing to regulators on Monday that the US justice department had "filed a motion seeking dismissal with prejudice of the charges" against Adani, his nephew Sagar and other group officials. The BBC has seen a copy of an order issued by the US District Court in the Eastern District of New York ordering the case to be dismissed.
The move to drop the charges reportedly came after Adani hired a new team of lawyers led by Robert J Giuffra Jr, head of one of the most powerful law firms in the US and one of President Trump's personal legal advisers.
Giuffra reportedly met last month with justice department officials to lay out concerns about the case.
The New York Times reported, citing sources, that the lawyers said Adani would invest $10bn in the US and create 15,000 jobs if prosecutors dropped the charges against him, repeating a pledge the billionaire made to Trump shortly after he won the 2024 presidential election.
The BBC has sought a response from the US Department of Justice and the Adani Group.
Last week, the US Securities and Exchange Commission moved to drop fraud charges against Adani and his nephew Sagar in a separate civil case after they agreed to pay a combined settlement of $18m.
The agreement, which did not include any admission or denial of the allegations, barred the Adanis from future violations of key US anti-fraud laws covering investor deception, securities fraud and market manipulation.
Separately, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) announced on Monday that Adani Enterprises had agreed to settle a civil case against the firm for allegedly violating sanctions placed by the US on Iran.
In a press release, the treasury department said that from November 2023 to June 2025, Adani Enterprises purchased shipments of liquified petroleum gas (LPG) from a Dubai-based trader purporting to supply Omani and Iraqi gas which actually originated from Iran.
During this time period, this caused US financial institutions to process 32 US dollar-denominated payments totalling approximately $192m for the shipments, the statement added.
Follow BBC News India on Instagram, YouTube, X and Facebook.
Source: BBC
Related Posts: US drops fraud charges against Gautam Adani after he pledges $10 billion investment US justice department drops criminal fraud charges against Adani U.S. Justice Department drops all charges against Gautam Adani US to drop fraud charges against Gautam Adani Hong Kong tycoon Jimmy Lai wins appeal against fraud conviction Gautam Adani argues US SEC fraud case against him should be tossed India regulator rejects US firm's fraud claims against Adani Group U.S. to drop graft charges against Gautam Adani Israeli Military drops charges against soldiers accused of sexually assaulting Palestinian detainee Anil Agarwal's Vedanta moves NCLAT against Adani's bid for Jaypee flagship firm
The All-India Organisation of Chemists and Druggists (AIOCD), which represents nearly 12.4 lakh chemists, pharmacists and drug distributors across India, has announced a nationwide strike on 20 May. The protest is expected to disrupt the supply of medicine in several parts of the country for the
4 minutes ago
One of the most expensive Korean films ever made, this epic sci-fi begins as a "breathless rollercoaster ride" and mashes up The Terminator, Predator, Aliens and Avatar. The films that compete for the Palme d'Or at the Cannes Film Festival are known for their depth
3 minutes ago
Union Education Minister Dharmendra Pradhan on Tuesday chaired meeting to assess preparations for the forthcoming NEET (UG) Re-Examination and demanded a foolproof conduct under strict security protocols. During the high-level meeting, Pradhan stressed on the need for complete integrity and
7 minutes ago
Cornell professor talks AI chaos, and dismissing AI writersThe biggest AI developments, decoded. 20 May 2026. Published on: May 20, 2026 8:00 AM IST By Vishal Mathur Share via Copy link Cognitive warmup. Actor, comedian and filmmaker Seth Rogen has some choice words for creatives using AI to
3 minutes ago
England captain Nat Sciver-Brunt could miss next month’s T20 World Cup after the all-rounder was ruled out of her side’s warm-up series against New Zealand and India. Sciver-Brunt tore her left calf while playing for the Blaze in domestic cricket earlier this month and was subsequently ruled
7 minutes ago
Congressman Thomas Massie, one of the most vocal Republican critics of Donald Trump, has lost his fight for re-election to a challenger endorsed by the president. Ed Gallrein, a former Navy Seal, will now compete in November's midterm election after his victory in the Kentucky primary on Tuesday
6 minutes ago
CHSE Odisha Class 12 Result 2026 LIVE: The Council of Higher Secondary Education (CHSE), Odisha, will declare the Class 12 (+2) examination results for 2026 today, May 20, at 12:30 PM. Students who appeared in the 12th board examinations can check and download their results from the official
7 minutes ago
Qatar said on Tuesday (May 19, 2026) that U.S.-Iran negotiations, mediated by Pakistan, required more time to reach a deal, a day after President Donald Trump said he had postponed planned attacks to give the process a chance. "We are supportive of the diplomatic effort by Pakistan that has shown
2 minutes ago
Stars are often photographed everywhere they go, but Salman Khan seemed to completely lose his cool after paparazzi surrounded him outside Mumbai’s Hinduja Hospital in Bandra on Tuesday night. The actor had reportedly visited the hospital to see a family member when photographers gathered outside
4 minutes ago
May 20, Birthday Horoscope: Here's what the tarot cards have in store for youIf your birthday falls on May 20, here’s what your year ahead looks like, as per Tarot. Updated on: May 20, 2026 11:02 AM IST By Kishori Sud Share via Copy link If you were born on May 20
3 minutes ago
Aaron Rodgers seen with wife Brittani ‘Starlight Leszczyński’? Viral post-marriage pic, Coyote Ugly claims fact-checkedA photo has gone viral allegedly showing Pittsburgh Steelers QB Aaron Rodgers with wife Brittani, and the caption identified her as ‘Starlight’ Leszczyński
7 minutes ago
For over two decades, Chef Kunal Kapur has been one of the most recognisable faces of Indian cuisine from judging MasterChef India to championing regional flavours on global platforms. But today, the celebrity chef, restaurateur, author and television personality believes the future of dining is
3 minutes ago
The ongoing war in West Asia and the rising costs of fuel and fertilizers give India an opportunity to enhance fertilizer use efficiency and moderate demand. India produces 80% of its urea requirement domestically and imports the rest while also boosting domestic production capacities to become
7 minutes ago
For more than two decades, football fans of a certain vintage relied on a specific piece of cultural shorthand whenever the red-and-white half of North London let them down. In the classic The IT Crowd episode “Are We Not Men?", a pair of socially awkward computer nerds used an automated web
4 minutes ago
Saiju Kurup is ecstatic. With Bharathanatyam 2: Mohiniyattam, which he acted in and co-produced,trending on streaming after raking in crores at the box office, the actor says he is still not able to process it. “I ask myself if this is all for real
6 minutes ago
Bhopal dowry death victim's co-actor Swetaa Varma ‘in shock’, doubts suicide angleSwetaa Varma, who acted with the victim in a Telugu film, has reacted to her sudden death and said she is still in shock. May 20, 2026, 10:33:34 IST By Abhimanyu Mathur Share via Copy link A former co-star of the
5 minutes ago
The Indian rupee slumped to a record low of 96.9 against the United States dollar on Wednesday. The currency had opened at 96.8. The Indian currency had closed at an all-time low of 96.5 against the US dollar on Tuesday. The slump has come amid elevated global oil prices and economic headwinds
4 minutes ago
The Directorate of Government Examination, Tamil Nadu (TNDGE) has declared the SSLC Class 10th results 2026. Students who had appeared for the Tamil Nadu TNDGE SSLC 10th Result can go to the official website of tnresults.nic.in or dge.tn.gov.in and check their results
6 minutes ago
Sebastian Stan recalls when Donald Trump tried to stall The Apprentice's Cannes premiere, calls out censorshipSebastian Stan, who played Donald Trump in his biopic The Apprentice, has slammed the US President and his policies. May 20, 2026, 10:21:54 IST By Abhimanyu Mathur Share via Copy link
5 minutes ago
In recent days, Trump has repeatedly warned that if an agreement is not reached quickly, Iran will face difficult consequences. Iran, on the other hand, has said that it will respond strongly to any attack. New Delhi: In a significant development
4 minutes ago
US President Donald Trump has endorsed Texas Attorney General Ken Paxton in his bid to unseat incumbent Senator John Cornyn in next Tuesday's Republican primary run-off race. By siding with Paxton, Trump is supporting a Texas politician who has long been a close ally of the president – but also
6 minutes ago
BMW has revealed a manual-only M3 CS with rear-wheel drive and 543 bhp as a farewell model for the sixth-generation M3, targeting enthusiasts still wanting an old-school performance sedan experience. BMW making a manual-only BMW M3 CS in 2026 feels almost rebellious at this point
3 minutes ago
Referring to the notices issued by the civic body, Paul alleged that several properties linked to Banerjee, his family and Leaps and Bounds company had come under scrutiny. New Delhi: In a significant development, the TMC-run Kolkata Municipal Corporation (KMC) has issued notices to several
4 minutes ago
Rupee Weakens Further: The Indian rupee fell by 33 paise in early trade on Wednesday to touch a fresh record low of 96.89 against the US dollar, extending its losses for the past several sessions. It further weakened in the early trade session to drop to 96
6 minutes ago
DRDO successfully tests ULPGM-V3 missile | All about the indigenous weaponThe defence ministry informed in a statement that the trials were conducted at a DRDO test range near Kurnool in Andhra Pradesh using an integrated GCS. Updated on: May 20
3 hours ago
The Trinamool Congress’ Falta candidate Jahangir Khan on Tuesday announced that he has withdrawn from the repolling in the Assembly constituency, two days ahead of voting. “This decision is for Falta’s development and the public good, following the chief minister’s special package
3 hours ago
Who is Andrej Karpathy? OpenAI cofounder and one of AI’s most influential figures joins AnthropicAndrej Karpathy, a founding member of OpenAI, has joined Anthropic. The 39-year-old announced his move to Anthropic on Tuesday. Updated on: May 20
3 hours ago
