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The Economic Times
The Economic Times

US court dismisses criminal charges against Gautam Adani, Sagar Adani; senior lawyers laud decision

A US federal court has dismissed with prejudice criminal charges against Adani Group Chairman Gautam Adani and his nephew Sagar Adani, bringing an end to the criminal proceedings against the two before trial and providing major legal relief to the ports-to-energy conglomerate.

US District Judge Nicholas Garaufis of the Eastern District of New York approved the US Department of Justice's request to dismiss three counts of the indictment against Gautam Adani, Sagar Adani and former Adani Green Energy CEO Vneet Jaain.

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