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New Delhi: The US Department of Justice is reportedly investigating whether the Adani group had imported Iranian petrochemical products from Iran, according to a report by the Wall Street Journal, even as the conglomerate negotiates a settlement in a separate foreign bribery case.

Describing the allegations as “baseless and mischievous”, an Adani Group spokesperson denied any “deliberate engagement in sanctions evasion or trade involving Iranian-origin LPG”. The Adani spokesperson also stated that it wasn’t aware of any investigation by US authorities on this subject.

“The timing of the WSJ’s story clearly betrays an intent to adversely influence the DoJ indictment against Adani,” the spokesperson added.

The Journal had previously reported on April 13 that lawyers representing Gautam Adani had asked the US Department of Justice to drop criminal charges accusing him of orchestrating over USD 250 million in bribes to secure solar energy contracts in India.

The charges, unsealed in October 2024, named Adani, his nephew Sagar Adani, and six other executives across three companies.

In a parallel civil case, the US Securities and Exchange Commission (SEC) filed complaints against Gautam and Sagar Adani for allegedly violating anti-fraud provisions of federal........

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