‘Faith In Truth, Fairness’: Gautam Adani Welcomes US Court Decision Ending Criminal Case

Gautam Adani, Adani Group Chairman, has welcomed the US court’s decision to terminate the criminal proceedings against him, Sagar Adani and Vneet Jaain.

The Adani Group Chairman said he accepted the outcome with humility while expressing strong respect for the judicial process.

The US District Court for the Eastern District of New York dismissed the criminal allegations. The charges involved securities and wire fraud. The court dismissed them with prejudice, ending the prosecution against the three individuals.

Gautam Adani said the legal proceedings did not shake his belief in truth, fairness or the rule of law. He also expressed gratitude to supporters who continued to place their trust in him, the justice system and India’s ability to deliver fair outcomes.

The businessman said he would now remain focused on his wider responsibilities towards the country. He pledged to pursue projects that create lasting value and contribute to a purpose extending beyond individual interests.

I welcome the US court’s decision with humility and deep respect for the judicial process.

Throughout this challenging period, our faith in truth, fairness and the rule of law remained unwavering.

My deepest gratitude to those who never lost faith in us, in the system and in…

— Gautam Adani (@gautam_adani) August 10, 2026

Alongside the criminal case, the court approved a separate settlement involving the Adanis and the US Securities and Exchange Commission (SEC).

The agreement requires the former to pay $18 million to the US government to resolve the civil securities fraud allegations.

The US Department of Justice had previously informed the federal court that investors did not suffer financial losses. The losses related to the securities linked to the case.

The department argued that the absence of such losses further weakened the government’s case. It said the circumstances supported its request to end the charges.

In its court filing, the department stated that investors had not lost any money on the securities involved. It further pointed out that two notes had already been repaid in full, while the remaining two had been paid up and showed no signs of an expected change.

The court’s latest decision marks a major development in the US legal proceedings involving Gautam Adani and his associates.

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