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Adani Group Chairman Gautam Adani welcomed a US court’s dismissal of criminal charges against him and Sagar Adani, expressing faith in the judicial process. The US DOJ had argued the case should never have been brought, citing weak legal grounds, India-centric allegations and jurisdictional concerns. The court allowed prosecutors to withdraw the charges after reviewing their reasoning.

New Delhi: Adani Group Chairman Gautam Adani on Tuesday welcomed a US court's decision to dismiss criminal charges against him, saying he had "deep respect for the judicial process."

In a post on X, Adani wrote, "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 India's capacity for justice. We will continue doing what matters: building for our nation, creating value that outlasts us and serving a purpose larger than ourselves. That is our commitment. Jai Hind."

According to Reuters, on Monday US District Judge Nicholas Garaufis of the US District Court for the Eastern District of New York, dismissed criminal charges against Gautam and Sagar Adani.

The judge's decision to grant federal prosecutors' the right to withdraw the charges came after he inquired into their reasons for doing so.