A US federal judge has dismissed criminal charges against billionaire industrialist Gautam Adani and his nephew Sagar Adani, after the US Justice Department moved to drop the long-running bribery and securities fraud case. US District Judge Nicholas Garaufis of the Eastern District of New York formally approved prosecutors' request to dismiss the charges, which stemmed from allegations that the Adanis were involved in a $265 million scheme to bribe Indian officials to secure lucrative solar power contracts and subsequently mislead US investors The US court's decision" was welcomed with "humility and deep respect for the judicial process," Adani said in a post on X, expressing gratitude to those who continued to have faith in his group, the legal system and India's capacity for justice. The Adani Group, one of India's largest business conglomerates, has interests spanning ports, power, cement and media. Gautam Adani is also a prominent supporter of Prime Minister Narendra Modi and has been a vocal backer of Trump.