Why are Gautam Adani and his nephew Sagar asking a US judge to dismiss the fraud case against them?

Gautam Adani and his nephew Sagar are asking the US judge to dismiss the fraud case because their lawyer, Robert Giuffra Jr., cited 'legal and factual weaknesses' in the indictment — specifically noting that it did not allege any US bribery offenses nor claim that US investors lost money from the four transactions at the heart of the case; they also submitted 200 pages of expert reports supporting their defense and emphasized that the US Justice Department itself has requested dismissal, citing prosecutorial discretion and a decision not to devote further resources to the charges.

What did the US Justice Department say about the fraud charges against the Adanis, and when?

On May 18, the US Justice Department told Judge Nicholas Garaufis that it 'has decided, in its prosecutorial discretion, not to devote further resources to these criminal charges against individual defendants,' effectively requesting dismissal of all charges against Gautam Adani, Sagar Adani, and others indicted in November 2024 for allegedly participating in a $250 million bribery scheme in India related to solar-power contracts.