Tag: Adani

Rahul case not linked to Adani issue, stay not sought to encash issue in polls: Prasad

[ad_1]
Patna: Senior BJP leader and former Union minister Ravi Shankar Prasad on Saturday rebutted the charge that Congress leader Rahul Gandhi was disqualified from the Lok Sabha because Prime Minister Narendra Modi was “scared” of his questions on the Adani issue.
Talking to reporters here soon after Gandhi addressed the press in Delhi, Prasad also alleged that the Congress did not seek a stay on the conviction by a Gujarat court so that it could “encash” the episode in Karnataka, where assembly elections are expected in about a month.
He said, “Priyanka Gandhi Vadra’s statement confirms that the Congress did not press into service its famed battery of legal experts with the Karnataka polls in mind. What else can explain their failure to show the alacrity which was for all to see in Pawan Khera’s case?”
VIDEO | “He (Rahul Gandhi) addressed a press conference in Delhi and did not say anything on the matter (On his conviction in the 2019 defamation case). He tried to mislead again,” says BJP leader @rsprasad. pic.twitter.com/p4xjS122bX
— Press Trust of India (@PTI_News) March 25, 2023
“We are not here to hold brief for Adani. But Gandhi sought to mislead the people to link his disqualification with Adani. He has been disqualified because of conviction in a case that relates to defamatory remarks he made in 2019,” added the BJP leader.
The Lok Sabha member from Patna Sahib asserted that Adani Group used to win contracts even when the UPA was in power at the Centre and was doing business in Congress-ruled states such as Rajasthan.
Rejecting Gandhi’s charge that his speech on Adani inside Parliament had left the Modi government tizzy, Prasad asserted that the Congress leader’s address was baseless and incoherent.
Taunting the Congress leader for the averment that he chose his words carefully, Prasad said, “It only proves that he made the defamatory remarks with due deliberation. This has been his habit. He is facing at least seven other cases of defamation, including the one lodged here by (former Bihar Deputy Chief Minister) Sushil Kumar Modi”.
Rejecting the charge of political vendetta, the BJP leader pointed out that “several political leaders have, so far, been disqualified upon their conviction by a court of law. Some of them belong to the BJP”.

A practicing lawyer, Prasad also dismissed the argument against a Gujarat court holding the Congress leader guilty for comments made outside the state, saying “Purnesh Modi (the BJP MLA who filed the petition) would have naturally felt offended by Gandhi’s remark about Modi surname. I would have felt the same had he said something similar about my surname”.
“As an opposition leader, Gandhi was entitled to criticize, but not abuse anybody. His remarks, indeed, were abusive and not critical. It denigrated the OBCs, a social group to which Prime Minister Narendra Modi belongs. The BJP is going to take up this humiliation of OBCs very seriously and launch a nationwide stir,” Prasad declared.
Prasad also remarked, tongue in cheek, that the Congress’ failure to immediately move for a stay against conviction “might indicate that there is internal politics in that party. Many are of the view that in this manner, let’s get rid of Rahul Gandhi”.
He said, “Rahul Gandhi needs to realize that it is not the BJP’s fault that the people are not ready to vote for him. He must give up the sense of entitlement that he is born to rule, being the son of Rajiv Gandhi and grandson of Indira Gandhi, both former Prime Ministers”.
He also lambasted Gandhi for having accused, at his press conference, a section of the media of partisanship towards the BJP and said, “Had we behaved in a similar fashion towards the press, all hell would have broken loose and threat to democracy would have been announced”.

[ad_2]
#Rahul #case #linked #Adani #issue #stay #sought #encash #issue #polls #Prasad
( With inputs from www.siasat.com )

March 25, 2023
Asked only one question on Adani..: Rahul Gandhi on disqualification

[ad_1]
Congress leader Rahul Gandhi held his first news conference since his disqualification from the Lok Sabha on Saturday, saying he only raised one question about Adani in Parliament.
“My speech made in Parliament was expunged, and later I wrote a detailed reply to the Lok Sabha Speaker. Some ministers lied about me, that I sought help from foreign powers. But there is no such thing I have done. I will not stop asking questions, I will keep questioning the relationship between PM Modi and Adani,” he said.
I had asked only one question on Adani… I will continue to ask questions and fight for democracy in India: Congress leader Rahul Gandhi day after his disqualification as MP pic.twitter.com/fcgo77sM63
— ANI (@ANI) March 25, 2023
Rahul said that this ‘whole drama’ was orchestrated to defend the Prime Minsiter from one simple question. “Who’s Rs 20,000 crore went to Adani’s shell companies? I am not scared of these threats, disqualifications or prison sentences,” he said.
Subscribe us on

[ad_2]
#Asked #question #Adani. #Rahul #Gandhi #disqualification
( With inputs from www.siasat.com )

March 25, 2023
Gautam Adani, Mehul Choksi best friends of BJP : Mamata Banerjee

[ad_1]
Kolkata: A day after the removal of Mehul Choksi’s name from Interpol’s Red Corner notice list, West Bengal Chief Minister Mamata Banerjee Tuesday alleged that businessmen Gautam Adani and fugitive diamantaire Mehul Choksi are the “best friends” of the BJP-led government at the Centre and saffron party was working only for these people.
Hitting out at the BJP government, the TMC supremo also said that banks have no money and people are not getting their payments even after working for the 100 days’ work scheme.
“… The country is run by only a few people. Banks are totally penniless and the Centre is not giving money for the 100 days’ work scheme (MGNREGA). But these people (Adani and Choksi) have collected lots of funds,” she claimed.
LIC, she told reporters at the airport here, has “become zero”.
The state-run insurance company had invested in shares of the Adani-led group companies, whose share prices plummeted after the Hindenburg Research report.
“Now Adani and Mehul are BJP’s best friends. The BJP-led government at the Centre is working for them and that will become their minus TRP,” she said before leaving for a three-day trip to neighbouring Odisha to offer prayers at the Puri Jagannath Temple.
The International Criminal Police Organisation (Interpol) has removed the name of fugitive diamantaire Mehul Choksi , who is wanted in a Rs 13,000-crore scam in the Punjab National Bank (PNB), from the Red Corner List on the basis of his plea.

Subscribe us on
[ad_2]
#Gautam #Adani #Mehul #Choksi #friends #BJP #Mamata #Banerjee
( With inputs from www.siasat.com )

March 21, 2023
Yechury questions Centre’s reluctance in allowing JPC to probe Adani issue

[ad_1]
Thiruvananthapuram: CPI(M) general secretary Sitaram Yechury on Saturday lambasted the BJP-led government at the Centre for not allowing a Joint Parliamentary Committee (JPC) to examine the alleged “Adani scam” and charged that it is to hide the nexus between the corporate house and Prime Minister Narendra Modi dispensation.
If there is nothing to hide and nothing is wrong, why is the Modi government refusing to inquire into the scam? he asked.
Charging that the “communal corporate nexus” that has emerged under the Modi government is actually together destroying the foundational pillars of the Indian constitutional order, he also said the worst form of “crony capitalism” has developed under the BJP regime.
Yechury was speaking after inaugurating the culmination of the month-long “Jana Jagratha Yatra” led by party’s state secretary M V Govindan here highlighting the anti-people policies of the Centre.
“If there is nothing wrong, why they are not allowing a Joint Parliamentary Committee to examine the said issue (Adani scam)? The JPC, according to Parliamentary norms, will be headed by the party that has maximum number of MPs which is BJP,” he said adding that but still they were afraid of the JPC.
Because, what is being hidden is the link between the corporate house and the Modi government and the truth of the crony capitalism, the Marxist veteran said.
If anybody questions the PM or the government, then they are immediately branded as anti-nationals and that is the most serious thing happening in the country now-a-days, the leader said giving the example of the recent BBC documentary on Gujarat riots.
“If you are questioning the Prime Minister, you are questioning India…you are anti-national….Any question of Modi is anti-national and any question of Adani is anti-national.”

Like the country had given a reply to the slogan “India is Indira and Indira is India” decades ago, he urged the people to give a firm reply to Narendra Modi also in the coming Lok Sabha polls.
India is neither Indira nor Modi-Adani but people of the country and it can be asserted only if this government at the Centre is removed from office, he said.
Noting that removing the Modi government from office is of paramount importance to defend the Constitutional order, democracy and democratic rights of people, Yechury said that is the most “patriotical duty” of all Indians today.
“And that is the final test of Indian nationalism and that is the final test of whether we are for the interest of India or for enemies of the country.”
The Left leader also alleged that the four foundational pillars of the Constitutional order-secular democracy, economic self-sovereignty, social justice and federalism-are facing threat under the BJP rule.
He claimed that there is much focus on the Pinarayi Vijayan-led LDF government in Kerala as the BJP and the central government are well aware that it is the only non-BJP state government in the country that is offering an alternative model for development.
There are a lot of false stories being spread to defame Kerala, but President Droupadi Murmu’s recent words praising the achievements of the state in various sectors is the befitting reply for that false propaganda, he added.
[ad_2]
#Yechury #questions #Centres #reluctance #allowing #JPC #probe #Adani #issue
( With inputs from www.siasat.com )

March 18, 2023
Adani group says Vinod Adani is part of promoter group

[ad_1]
New Delhi: Vinod Adani, the little known elder brother of Adani group founder Gautam Adani, is part of the promoter group, the conglomerate has said after questions were raised about his status following short seller Hindenburg Research naming him prominently in its scathing report on the Adani group.
“We would like to submit that Gautam Adani and Rajesh Adani are individual promoters of various listed entities within the Adani group and Vinod Adani is an immediate relative of the individual promoters,” the group’s flagship Adani Enterprises said in a stock exchange filing on Thursday.
Accordingly, as per the applicable Indian regulations, “Vinod Adani is part of the ‘promoter group’ of various listed entities within the Adani group.”
In response to Hindenburg questioning the role of Vinod Adani, 74, in the Adani group where it alleged “brazen stock manipulation and accounting fraud” and use of offshore shell companies to inflate stock prices, the apples-to-airport conglomerate had in January said that “Vinod Adani does not hold any managerial position in Adani listed entities or their subsidiaries and has no role in their day to day affairs.”
“We reiterate that any transactions by the Adani portfolio companies with any related party have been duly identified and disclosed as related party transactions in compliance with Indian laws and standard and have been carried out on arm’s length terms,” it had said.
Hindenburg Research had alleged that Vinod Adani was responsible for creating and managing a vast network of offshore shell entities meant for stock parking, market manipulation and laundering money, to help the conglomerate’s companies maintain their appearance of financial health.
The group has denied all Hindenburg allegations, calling them “malicious”, “baseless” and a “calculated attack on India”.
Vinod Adani is widely reported to be working out of Dubai in the United Arab Emirates. Regulatory filings show he is a Cypriot national.

When Adani group bought Swiss giant Holcim AG’s stake in Ambuja Cements and ACC, the deal was completed via a Mauritius-based entity called Endeavour Trade and Investment.
In the filing, Adani group said the fact that Vinod Adani was part of the promoter group had been submitted to Indian regulatory authorities from time to time in various disclosures.
“Further, the fact that Endeavour Trade and Investment Limited (an entity controlled by Vinod Adani), the acquirer of ACC Limited and Ambuja Cements Limited, belongs to the Adani group has been disclosed in the public offer document,” it added.
[ad_2]
#Adani #group #Vinod #Adani #part #promoter #group
( With inputs from www.siasat.com )

March 16, 2023
Govt not letting Parliament run to avoid Adani issue: Mallikarjun Kharge

[ad_1]
New Delhi: Congress president Mallikarjun Kharge on Thursday accused the government of instigating the Opposition and not letting Parliament function to avoid a discussion on the Adani issue and its “failures”.
He also reiterated that there is no question of an apology over Rahul Gandhi’s remarks in the UK.
Gandhi’s remarks during his recent trip to the United Kingdom have rocked Parliament, with both Houses failing to transact any significant business on the first three days of the Budget session’s second half.
“Is there untouchability or not, it is there, so if someone goes abroad that person will talk about it likewise democracy is being trampled upon, we were demonstrating peacefully yesterday, who stopped us? They put women constables in the front to try and stop us,” Kharge alleged.
The Congress along with several other opposition parties had taken out a protest march from Parliament House to hand over a complaint to the Enforcement Directorate on the Adani issue on Wednesday. However, they were stopped by the police at Vijay Chowk here.
The government’s intention is to avoid the Adani issue, so that it is not discussed, and their “failures” are not discussed in Parliament, the Congress president told reporters ahead of the start of parliamentary proceedings in the morning.
“Have you ever heard that ruling party people are stalling proceedings daily, they get up first and start saying ‘maafi maango’, ‘maafi maango’ (apologise), what is this. The government is instigating and they preach about democracy to others,” he said.
During his interactions in the UK, Gandhi alleged that the structures of Indian democracy are under attack and there is a “full-scale assault” on the country’s institutions.

The former Congress president also told British parliamentarians in London that microphones are often “turned off” in Lok Sabha when an opposition member raises important issues.
Gandhi’s remarks triggered a political slugfest, with the BJP accusing him of maligning India on foreign soil and seeking foreign intervention, and the Congress hitting back at the ruling party by citing instances of Prime Minister Narendra Modi raising internal politics abroad.
[ad_2]
#Govt #letting #Parliament #run #avoid #Adani #issue #Mallikarjun #Kharge
( With inputs from www.siasat.com )

March 16, 2023
Oppn stages protest march from Parliament to ED office, seek probe in Adani issue

[ad_1]
New Delhi: Opposition parties led by the Congress staged protest march from Parliament House to the office of the Enforcement Directorate (ED) on Wednesday, to hand over a complaint to the probe agency on the Adani issue.
The protest march was joined by the DMK, Left, Samajwadi Party, JDU, Shiv Sena (Uddhav Thackeray faction), and AAP, among others.
The Trinamool Congress is not participating in the protest march as it has said that it will raise its own issues in Parliament.
An impasse between the BJP and Opposition continued on the third day of Parliament as they traded charges over allegations against the Adani group and Rahul Gandhi’s comments in London.
Amid the ruckus, both Houses were adjourned till 2 p.m. on Wednesday.
Meanwhile, Leader of the Opposition in Rajya Sabha Mallikarjun Kharge said there is no question of apology over Rahul Gandhi’s remarks and those demanding so must answer on Prime Minister Narendra Modi “humiliating” people of India with his comments abroad.
“We demanded a Joint Parliamentary Committee (JPC) investigation of Adani issue. However, the BJP doesn’t want a JPC as it will bring out the corruption and expose their real face. They wanted a JPC till they were in opposition, now they are scared,” leader of Congress in Lok Sabha Adhir Ranjan Chowdhury said during the march.
Several opposition parties including the Congress, DMK, AAP, Left and Uddhav Thackeray’s Shiv Sena faction among others have written to ED, seeking a probe regarding Adani issue.

The parties have urged the agency -to investigate “a relationship that has serious implications not just for our economy but, most importantly, our democracy”.
The opposition cited accusations against the Adani Group that say it has established a network of offshore shell companies and offshore funds linked to the group “for the purposes of artificially inflating stock valuations and to give a distorted picture with regard to the group companies’ financial health”.
The opposition further alleges a “clear causal link” between the offshore entities and the Adani Group’s Indian companies — a reference to Gautam Adani’s brother Vinod, who they say is “alleged to be the person crucial to setting up these networks”.
The opposition letter also alleged that the group “repeatedly exercised improper influence to obtain concessions and contracts from governments and regulated entities”.
[ad_2]
#Oppn #stages #protest #march #Parliament #office #seek #probe #Adani #issue
( With inputs from www.siasat.com )

March 15, 2023
Opposition MPs to march to ED office on Adani issue

[ad_1]
New Delhi: Leaders of several opposition parties on Wednesday decided to take out a protest march from Parliament House to the ED office here and hand over a complaint to the probe agency on the Adani issue.
The leaders met in the office of Leader of Opposition in Rajya Sabha Mallikarjun Kharge in the Parliament House complex to coordinate their joint strategy on the issue.
The protest march will begin at 12:30 pm from Parliament House and MPs from several opposition parties will take part, party sources said.
The opposition has been demanding a Joint Parliamentary Committee (JPC) probe into the Adani-Hindenburg issue and has been stalling proceedings of Parliament over their demand.
US short seller Hindenburg Research had alleged that the Adani group was “engaged in a brazen stock manipulation and accounting fraud”, and used offshore shell companies to inflate stock prices.
The group had denied the allegations, calling them “malicious”, “baseless” and a “calculated attack on India
The Trinamool Congress separately staged a protest in front of the Gandhi statue in Parliament complex over the LPG price hike and demanded answers from the government.
TMC MPs raised slogans against the government over the LPG price hike and demanded that Prime Minister Narendra Modi should give them answers.

Subscribe us on
[ad_2]
#Opposition #MPs #march #office #Adani #issue
( With inputs from www.siasat.com )

March 15, 2023
Opposition gives notices in Parliament on freedom of speech, Adani row

[ad_1]
New Delhi: Amid the uproar over Rahul Gandhi’s statement in Parliament by the treasury benches and the opposition demanding JPC in Adani row, the Congress MP in Lok Sabha Manish Tewari has given an adjournment notice on the freedom of speech of MPs.
Tewari said in the notice, “Article 105 of the Constitution of India deals with the powers and privileges of the Houses of Parliament and of the members and committees thereof. Article 105(1) categorically lays down that ‘..there shall be freedom of speech in Parliament’, subject, of course, to the Constitutional text and rules made by Parliament itself.”
The Congress MP in Rajya Sabha, Pramod Tiwari has given suspension of business notice in the Rajya Sabha over the Adani row.
The opposition has been demanding a Joint Parliamentary Committee (JPC) in the Hindenburg report while the government is demanding an apology from Rahul Gandhi for his statement in the UK.
Subscribe us on
[ad_2]
#Opposition #notices #Parliament #freedom #speech #Adani #row
( With inputs from www.siasat.com )

March 15, 2023
Opposition offers Gautam Adani Rajya Sabha seat to get him raided by CBI and ED

[ad_1]
Leaders of 18 opposition parties will meet tomorrow to chalk out strategy on the Adani issue, according to sources. Congress leaders have been demanding a JPC on Adani after US short seller Hindenburg Research alleged the Adani group was “engaged in a brazen stock manipulation and accounting fraud”, and used offshore shell companies to inflate stock prices. Opposition has also been demanding ED and CBI raids against Gautam Adani.
However, as per sources the opposition has decided to change the strategy and is going to offer Adani Rajya Sabha seat to bring him in the opposition. “Once he’s in opposition he will be raided by CBI and ED, so we are going to offer him Rajya Sabha seat from an opposition ruled state after tomorrow’s meeting” said one of the opposition leaders.
While Gautam Adani has no political ambition as of now but a lady journalist close to Adani has told The Fauxy that the Adani is thinking about accepting the offer as he can’t decline the offer straightaway since his many projects are in opposition ruled states.
Adani companies share price further dipped on Tuesday owing to collapse of Silicon Valley Bank. Earlier Adani offered to buy Hindenburg Research company but the deal couldn’t go through. Read here.
[ad_2]
#Opposition #offers #Gautam #Adani #Rajya #Sabha #seat #raided #CBI
[ Disclaimer: With inputs from The Fauxy, an entertainment portal. The content is purely for entertainment purpose and readers are advised not to confuse the articles as genuine and true, these Articles are Fictitious meant only for entertainment purposes. ]

March 14, 2023