15 Jul 2026, Wed

‘No deal was made in exchange for ending the case’, Gautam Adani rejected all allegations in US court

Gautam Adani News: Adani Group Chairman Gautam Adani has filed an affidavit in the US court and has completely rejected all the rumors and speculations that there was some secret agreement or deal behind the closure of the US case against him.

Adani has clearly said that there was no promise, transaction or secret deal behind the decision of the US Justice Department i.e. DoJ to drop the criminal charges against him. They have no knowledge of any such thing.

The talk of dropping the case in exchange for benefits is completely wrong – Adani

This affidavit has been filed in response to the July 8 order of US Court Judge Nicholas Garaufis. The judge had asked Adani in writing whether he was aware of any kind of promise, offer or agreement in return for dropping the charges. In response, Adani said, “I am not aware of anything that has been said to be given, taken, promised or accepted to anyone in return for closing this case.” The idea of ​​removing the case in exchange for any kind of valuables or benefits is completely wrong.”

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It was being claimed in some media reports that the case against Adani Group has been dropped in exchange for the $10 billion investment announced by Adani Group in America. Responding to this, Adani said, “Adani Group had made its decision to invest in America public only on November 13, 2024, whereas the US court case against them came to light after that.”

Adani’s lawyers (Sullivan & Cromwell LLP) had held meetings with US officials and had also made a proposal that if the US administration wishes, it can consider this investment as part of the resolution of the case. However, the US Justice Department had made it clear to the lawyers that this investment would have no role in the decision to drop the case. Therefore, Adani clarified that this investment plan has nothing to do with the closure of the case.

US Justice Department also denied the rumors

Earlier on July 4, American government lawyers had also clarified in the court that the news of dropping the case in exchange for investment is completely false. The chief officer who took this decision was R. Trent McCoptery told the court that he sought to have the case dropped because it was not legally sustainable.

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What were the reasons for dropping the case?

  • The alleged irregularities mainly occurred in India.
  • No American investor has suffered any loss in this case.
  • This matter is already being investigated in India.
  • This case was brought in the last days of the Joe Biden administration only for the purpose of “smearing the name”.

Now the US Justice Department has demanded to close this case forever, which will completely end this case. The judge wanted to know Adani’s side before giving the final verdict on this, which has now been made clear through the affidavit.

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