Congress MP Manish Tewari Attacks Gautam Adani: Senior Congress leader and Chandigarh MP Manish Tiwari has made a big attack on veteran businessman Gautam Adani. While sharing the link of a news on social media platform X on Wednesday (21 November 2024), he wrote, “Now this matter should be investigated by the Joint Parliamentary Committee (JPC).”
Manish Tewari further wrote, “Indian billionaire Gautam Adani and other officials have been accused of paying bribes of more than $250 million to Indian government officials and hiding it from American investors.”
What is the whole matter?
In the New York court in America, seven people including Gautam Adani have been accused of bribery and fraud worth $250 million. These seven, including Gautam Adani, have been accused of paying bribes of more than $250 million to officials to get the next $2 billion solar power plants project.
Investigation was going on against Adani Group in America
New York prosecutors in the US have alleged that Gautam Adani and others lied while trying to raise money from American investors. Sagar Adani, executive director of Adani Group company Adani Green Energy, and Nivit Jain, MD-CEO, have been accused of breaking US laws. According to Bloomberg report, US SEC officials were investigating whether the Adani Group had paid bribes to get the project.
Hindenburg report wreaked havoc last year
Last year, the Hindenburg report on Adani Group wreaked havoc. In the report, the group companies were accused of using unfair practices and stock manipulation. Due to this report, shares of Adani Group companies fell badly. Their combined market cap had reduced by approximately $150 billion. Besides, the company also had to withdraw the FPO of Adani Enterprises worth Rs 20 thousand crores.
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