Adani Group corruption and bribery allegations
Gautam Adani and his nephew Sagar Adani are seeking to dismiss the SEC's civil fraud case, arguing the court lacks jurisdiction and sufficient evidence as alleged misconduct occurred in India, with a US judge granting their request for a pre-motion conference on April 10, 2026. As of March 28, 2026, the Adanis have agreed to accept legal notices from the U.S. SEC, allowing them 90 days to respond, while the U.S. Department of Justice is reportedly expanding its investigation into potential bribery offenses by the Adani Group. Adani Green Energy Ltd. stated on March 25, 2026, that Gautam Adani, Sagar Adani, and Vneet Jaain have been cleared of direct bribery charges by the U.S. Department of Justice, clarifying that charges brought by the SEC and DOJ were related to securities fraud and wire fraud conspiracy, not direct bribery. The SEC alleges Adani Green Energy misrepresented its anti-corruption efforts during a September 2021 note offering that raised $750 million, with $175 million from U.S. investors, as part of a broader investigation into an alleged $250 million bribery scheme. Norway's Government Pension Fund Global excluded Adani Green Energy Ltd from its investment portfolio on March 2, 2026, due to concerns over "gross corruption or other serious financial crime" following U.S. legal proceedings where Gautam Adani and his nephew Sagar Adani were indicted in November 2024 on charges including bribery and securities fraud.
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April 2026 — 1 developments
Gautam Adani and his nephew Sagar Adani are seeking to dismiss the SEC's civil fraud case, arguing t…
Gautam Adani and his nephew Sagar Adani are seeking to dismiss the SEC's civil fraud case, arguing the court lacks jurisdiction and sufficient evidence as alleged misconduct occurred in India. A US judge has granted their request for a pre-motion conference to hear these dismissal arguments.
March 2026 — 6 developments
Gautam and Sagar Adani have agreed to accept legal notices from the U.
Gautam and Sagar Adani have agreed to accept legal notices from the U.S. SEC in the civil fraud case, allowing them 90 days to respond. The U.S. Department of Justice is reportedly expanding its investigation into potential bribery offenses by the Adani Group, examining whether improper payments were made to Indian officials.
The U.S. Securities and Exchange Commission (SEC) is seeking court permission to serve legal documen…
The U.S. Securities and Exchange Commission (SEC) is seeking court permission to serve legal documents to Gautam and Sagar Adani in India via alternative methods, including their U.S.-based attorneys, due to diplomatic challenges. This action is part of the ongoing case involving an alleged multi-million dollar bribery scheme for solar energy contracts.
Adani Green Energy Ltd.
Adani Green Energy Ltd. has stated that Gautam Adani, Sagar Adani, and Vneet Jaain have been cleared of direct bribery charges by the U.S. Department of Justice. The company's filing indicated that the charges brought by the SEC and DOJ were related to securities fraud and wire fraud conspiracy, not direct bribery. This clarification follows an indictment unsealed in November 2024.
The U.S. Securities and Exchange Commission (SEC) alleges Adani Green Energy misrepresented its anti…
The U.S. Securities and Exchange Commission (SEC) alleges Adani Green Energy misrepresented its anti-corruption efforts during a September 2021 note offering that raised $750 million, with $175 million from U.S. investors. These charges are part of a broader investigation into an alleged $250 million bribery scheme involving Gautam Adani and other senior executives aimed at securing solar energy projects.
The U.S. Securities and Exchange Commission (SEC) is requesting India's assistance to serve legal co…
The U.S. Securities and Exchange Commission (SEC) is requesting India's assistance to serve legal complaints to Gautam Adani and his nephew Sagar Adani. These complaints are related to an alleged securities fraud and a $265 million bribery scheme, with prosecutors claiming Gautam Adani bribed Indian officials and misled U.S. investors. The Adani Group has denied these allegations.
Norway's Government Pension Fund Global has excluded Adani Green Energy Ltd from its investment portfolio due to concerns over "gross corruption or other serious financial crime.
Norway's Government Pension Fund Global has excluded Adani Green Energy Ltd from its investment portfolio due to concerns over "gross corruption or other serious financial crime." This decision follows ongoing U.S. legal proceedings where Gautam Adani and his nephew Sagar Adani were indicted in November 2024 on charges including bribery and securities fraud.
January 2026 — 12 developments
A parallel criminal indictment by the Department of Justice (DOJ) against the Adanis, filed concurre…
A parallel criminal indictment by the Department of Justice (DOJ) against the Adanis, filed concurrently with the SEC complaint in November 2024, has remained inactive for over 14 months. Legal observers suggest this stagnation is due to shifts in enforcement policy and geopolitical considerations.
Gautam Adani has hired prominent US lawyer Robert Giuffra Jr.
Gautam Adani has hired prominent US lawyer Robert Giuffra Jr. to represent him in the ongoing SEC fraud case.
The procedural hurdle in the SEC's fraud case against Gautam and Sagar Adani has been resolved, as their lawyers agreed to accept the legal papers.
The procedural hurdle in the SEC's fraud case against Gautam and Sagar Adani has been resolved, as their lawyers agreed to accept the legal papers. A US Court has since ordered a schedule for the ongoing civil fraud case, and the Adanis will have 90 days to respond if the agreement is approved.
Gautam Adani has requested an extension until January 30 from the US court to respond to the Securities and Exchange Commission's summons.
Gautam Adani has requested an extension until January 30 from the US court to respond to the Securities and Exchange Commission's summons. This request comes as talks continue between Adani and the SEC regarding the fraud and bribery allegations.
A former power secretary has publicly questioned the Indian government's reluctance to order a judicial probe into the Adani case, following the US SEC's efforts to serve summons.
A former power secretary has publicly questioned the Indian government's reluctance to order a judicial probe into the Adani case, following the US SEC's efforts to serve summons. He highlighted that the SEC's investigation was initiated due to the Adani-Azure deal.
Adani Group entities clarified that the US SEC has not initiated legal proceedings against the compa…
Adani Group entities clarified that the US SEC has not initiated legal proceedings against the companies themselves, reinforcing their earlier position that the civil lawsuit is separate from a criminal case.
India's Ministry of Law and Justice twice refused to formally serve US SEC summons to Gautam Adani and his nephew Sagar Adani in May and December 2025.
India's Ministry of Law and Justice twice refused to formally serve US SEC summons to Gautam Adani and his nephew Sagar Adani in May and December 2025. The refusals were due to the absence of an ink signature, official seal, and a technical objection on the summons.
The Adani Group has officially distanced itself from the US SEC's efforts to serve summons to Gautam…
The Adani Group has officially distanced itself from the US SEC's efforts to serve summons to Gautam and Sagar Adani, stating that these developments do not impact its operations or disclosure obligations. The group clarified that the SEC's civil lawsuit is separate from a criminal case.
Gautam Adani and his nephew Sagar Adani have agreed to accept service in a U.
Gautam Adani and his nephew Sagar Adani have agreed to accept service in a U.S. securities case, resolving a dispute over how they could be formally notified of the lawsuit. This agreement comes after India's Ministry of Law and Justice twice declined to assist the U.S. Securities and Exchange Commission (SEC) in serving the complaints. The SEC's case alleges that the Adanis violated securities laws by misrepresenting the company's anti-corruption measures.
Gautam Adani's lawyer made their first legal submission in a US court on January 23, responding to the SEC's bribery and securities fraud case.
Gautam Adani's lawyer made their first legal submission in a US court on January 23, responding to the SEC's bribery and securities fraud case. The submission urges the court to defer its ruling on the January 21 SEC motion.
Shares in Adani Group companies slumped, with a collective loss of $12.
Shares in Adani Group companies slumped, with a collective loss of $12.5 billion in market capitalization, following the U.S. SEC's request for court permission to serve legal summonses to Gautam Adani and Sagar Adani via email.
The U.S. Securities and Exchange Commission (SEC) is seeking court approval to serve legal summons t…
The U.S. Securities and Exchange Commission (SEC) is seeking court approval to serve legal summons to Gautam Adani via email, following India's continued non-cooperation with formal service requests.
August 2025 — 1 developments
The U.S. SEC informs a New York Eastern District court that, six months after seeking India's help, …
The U.S. SEC informs a New York Eastern District court that, six months after seeking India's help, the summons and complaint for Gautam Adani and Sagar Adani remain undelivered by Indian authorities.
June 2025 — 1 developments
The U.S. SEC files a status update with a federal court in New York, detailing its ongoing efforts t…
The U.S. SEC files a status update with a federal court in New York, detailing its ongoing efforts to serve legal documents to Gautam Adani and Sagar Adani, noting that the defendants are located in India and efforts are continuing through Indian authorities.
February 2025 — 2 developments
The U.S. SEC formally requests assistance from India's Ministry of Law and Justice to serve summons …
The U.S. SEC formally requests assistance from India's Ministry of Law and Justice to serve summons to Gautam Adani and Sagar Adani in India under the Hague Service Convention.
U.S. President Donald Trump signs an executive order directing the Department of Justice to pause en…
U.S. President Donald Trump signs an executive order directing the Department of Justice to pause enforcing the Foreign Corrupt Practices Act (FCPA) for a review period, a law central to the bribery investigation against the Adani Group. This move is seen as a potential relief for Adani.
November 2024 — 3 developments
The Adani Group issues a statement denying the allegations, calling them 'baseless' and affirming its commitment to maintaining the highest standards of governance and compliance.
The Adani Group issues a statement denying the allegations, calling them 'baseless' and affirming its commitment to maintaining the highest standards of governance and compliance.
Separately, the U.
Separately, the U.S. Securities and Exchange Commission (SEC) files civil charges against Gautam Adani, Sagar Adani, and Cyril Cabanes, an executive of Azure Power Global, for conduct arising out of the alleged massive bribery scheme.
A five-count criminal indictment is unsealed in Brooklyn federal court, charging Gautam Adani, his n…
A five-count criminal indictment is unsealed in Brooklyn federal court, charging Gautam Adani, his nephew Sagar Adani, and other executives with conspiracies to commit securities and wire fraud, and substantive securities fraud. The indictment alleges a scheme to pay over $250 million in bribes to Indian government officials between 2020 and 2024 to secure solar energy contracts.
March 2024 — 1 developments
Reports emerge that the United States has widened its investigation into India's Adani Group, focusi…
Reports emerge that the United States has widened its investigation into India's Adani Group, focusing on founder Gautam Adani's conduct and potential bribery by his companies for favorable treatment on an energy project.