In a high-stakes development Gautam Adani faces US prosecutors charges in a $265-million fraud-and-bribery scheme‚ with arrest warrants issued for him and his nephew (marking second major crisis for the business-man in two years)
The mega-conglomerate Adani Group quickly pushed back against these claims: saying its fully law-compliant. However Indian opposition parties dont buy this explanation and demand deeper digging into the matter
Indian political landscape heated up as opposition leaders pointed to supposed ties between Adani and Narendra Modi - going back to early-2000s Gujarat days. They suggest special treatment in business deals but govt dismisses such talk as nonsense
We are raising this issue‚ it is my responsibility to raise this issue as leader of opposition
The fresh accusations come roughly 2 years after that Hindenburg Research thing which made similar claims about off-shore tax stuff; these new developments pushed opposition to act fast. Mallikarjun Kharge - who leads Congress wants parliament to check every bit of Adani Groups work
The ruling BJPʼs tech chief Amit Malviya tried cooling things down saying opposition shouldnt get too excited - he even questioned why this came up right before parliament meets. Meanwhile govt keeps quiet; though earlier they always said any claims about helping Adani are just wild stories
- Sanjay Singh wants Supreme Court to watch over probe
- Congress wants special parliament investigation
- Adani Group says all operations follow rules
This whole thing makes waves in Indian business-politics scene - where questions about links between rich people and govt keep coming up