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by Mike Caswell

Federal prosecutors in New York have filed a motion to drop charges against a group of men over a $250-million bribery scheme in India, with those charged including prominent Indian businessman Gautam Adani. (All figures are in U.S. dollars.) U.S. authorities claim that the group arranged payouts to officials in return for solar power contracts worth billions of dollars. The beneficiaries of the contracts included a New York Stock Exchange listing controlled by provincial pension fund manager Caisse de depot et placement du Quebec, the government said.

The dismissal of the charges is contained in a motion that prosecutors filed on May 18, 2026. The motion contains few details of the dismissal, seemingly attributing it to a decision that was out of the hands of the prosecutors handling the file. "The Department of Justice has reviewed this case and has decided, in its prosecutorial discretion, not to devote further resources to these criminal charges against individual defendants," the motion reads.

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