New Delhi: Rahul Gandhi today made several allegations in parliament against Prime Minister Narendra Modi linked to billionaire Gautam Adani, whose companies have lost around $120 billion in value after short-seller US investment group Hindenburg Research alleged accounting fraud by the group.
The Congress leader accused PM Modi of helping Gautam Adani’s business empire across sectors, prompting emphatic rebuttals from the ruling BJP.
“Adani ji never fails in any business he ventures into – solar energy, wind energy. During my yatra people asked me how Adani attained such success in so many sectors, what is his relationship with the Prime Minister,” Rahul Gandhi said in Lok Sabha, alleging that the businessman had gained contracts in the countries that PM Modi had visited.
“People asked me how Adani’s net worth increased from $ 8 billion to 140 billion between 2014 and 2022.
The Congress leader said the businessman went from 600th to second rank when the BJP came to power in 2014.
“Do not level wild allegations, give proof,” Law Minister Kiren Rijiju hit back at the Congress leader.
The Adani Group has called the Hindenburg report a “malicious combination of selective misinformation and stale, baseless and discredited allegations that have been tested and rejected by India’s highest courts”.
Opposition parties allege that the recent meltdown in Adani Group shares involves public money as public sector companies LIC (Life Insurance Corporation of India) and SBI (State Bank of India) have invested in them. The Adani group says it has complied with all laws and disclosure requirements.
Both houses of parliament have been disrupted repeatedly because of protests linked to the Hindenburg-Adani row.
Bureau Report
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