US judge drops criminal charges against billionaire Gautam Adani

A US court dismissed criminal charges against billionaire Gautam Adani and his nephew, Sagar Adani, with prejudice after Justice Department said it had decided to abandon fraud and bribery case. It described the case as mostly a foreign matter. In 2024, Adani and others were accused of participating in bribery scheme involving $265 million in payments to Indian government officials.