Gautam Adani and Sagar Adani Agree to $18 Million Penalty in US Bribery Case Settlement

Gautam Adani and Sagar Adani have consented to civil penalties totalling $18 million proposed by the United States market regulator in connection with a bribery-related case.

Gautam Adani agreed to pay a proposed penalty of $6 million, while Sagar Adani consented to a $12 million penalty.

The proposed settlement is aimed at resolving the proceedings initiated by the US regulator, though the judgments remain subject to court approval.

The development comes amid ongoing scrutiny of alleged bribery and regulatory compliance issues linked to business dealings under investigation in the United States.