Outlook Business Desk
US prosecutors charged Gautam Adani and seven others, including his nephew Sagar, for bribing Indian officials $265mn to secure contracts for India’s largest solar power project. They are all facing multiple fraud charges.
Condemning Adani for breaking both Indian and US laws, Rahul Gandhi accused PM Modi of protecting Adani from legal scrutiny while demanding the latter's arrest
Karti Chidambaram, a Congress leader, pointed out the serious nature of the fraud, referring to the Hindenburg allegations and the US Justice Department's indictment. Advocating for a Joint Parliamentary Committee investigation, he also demanded that SEBI stop "stonewalling" investigations
AAP leader Sanjay Singh said that the Prime Minister should answer the allegations, while calling the bribery charges a “serious matter” that has damaged India’s international reputation
BJP's Amit Malviya challenged the timing of the US indictment, coinciding with the onset of the Parliament session and Donald Trump's presidential run. He also mentioned that the states named in the bribery scheme were governed by the opposition
Mahua Moitra took a dig at PM Modi and BJP for running "the biggest global kleptocracy". Posting on X, she said that they are selling out India’s resources and infrastructure to "one corrupt crony" at taxpayer and poor’s expense.