Big Global Win For Adani Group, Top Officials Settle All Legal Cases As Trump’s US Administration Ends Civil, Criminal Cases Against Adani Group.

Adani Group reached a settlement with the US Treasury Department’s Office of Foreign Assets Control (OFAC) in an alleged sanctions violation-related matter after it extended “extensive cooperation” with the investigation and “proactively disclosed” findings.

The matter related to apparent violations involving imports of Iranian LPG through Mundra Port in Gujarat.

Adani Enterprises Ltd (AEL), the flagship firm of the conglomerate helmed by billionaire Gautam Adani, “agreed to pay USD 275 million to settle its potential civil liability for apparent violations of OFAC sanctions on Iran”.

The settlement does not constitute a finding of guilt or wrongdoing and resolves all related liabilities, according to the company’s disclosures.

From November 2023 to June 2025, AEL purchased shipments of liquified petroleum gas (LPG) from a Dubai-based trader purporting to supply Omani and Iraqi gas. While the Dubai supplier represented itself as a reputable middleman supplying LPG primarily from Oman, as well as Iraq, in reality the company served as a conduit for illicit Iranian supply to enter the market.

None of the parties involved in AEL’s LPG imports were sanctioned at the time of the LPG shipments, and none of the documentation provided to AEL contained any information explicitly pointing to Iranian origin of the LPG,” the OFAC order detailing the settlement said.