Gautam Adani's representatives have met officials from the Trump administration to seek dismissal of criminal charges against Gautam Adani and his nephew in an international bribery investigation.
A US-based news agency said the issue could be resolved in a month, though both the Trump administration officials and Adani Group functionaries have refused to comment on the outcome of the talks. The talks with the Trump officials and the Adani team had begun early this year but picked up momentum recently.
In November last, US authorities indicted Gautam Adani and his nephew, Sagar Adani, alleging they paid bribes to secure power supply contracts, and misled US investors during fund raises there.
The US financial regulator, the Securities and Exchange Commission, summoned the duo, alleging they misled investors on compliance during a $750 million Adani Green bond sale in the United States.
The billionaire's aides are trying to make the case that his prosecution does not align with Trump's priorities and should be reconsidered, Bloomberg News reported on Sunday, citing sources familiar with the matter.
The discussions began earlier this year and have picked up in recent weeks, with a resolution possible within a month if the momentum continues, the report said.
Adani Green, in a statement on Monday, reiterated it was not part of any proceedings, but it did not directly comment on the report about the meetings. It had recently said its review of the indictment found no non-compliance or irregularities.
The indictment had erased about $13 billion in market value from Adani Group's nine listed firms.
Adani's US legal entanglement stems from the final months of the Biden presidency. Just days after Trump’s election win in November, federal prosecutors unsealed an indictment naming Gautam Adani and Sagar Adani. In parallel, the Securities and Exchange Commission (SEC) also filed a civil lawsuit, further complicating matters for the Indian billionaire.
Prosecutors claim Adani promised to pay $250 million in bribes to regional officials in India to secure solar power contracts. The Adani Group, however, has categorically denied the charges.
To manage the fallout and limit potential damage to his global business ambitions, Adani is said to be leveraging every avenue available — including Washington lobbyists and top-tier legal teams. Bloomberg reported that one such meeting took place in March, involving senior officials at the US Attorney’s office and the main Justice Department.
While these moves don’t indicate any formal settlement yet, they do suggest that the Adani camp is actively working to reframe the narrative and potentially avoid a prolonged legal battle in the US.
