"What's stopping the Union Govt from acting?": BRS leader K Kavitha after US indicts Gautam Adani and others
Nov 21, 2024
Hyderabad (Telangana) [India], November 21 : BRS leader K Kavitha on Thursday questioned the Union Government after the US prosecutors charged Gautam Adani and others in an alleged bribery scam.
The BRS leader stated that political opponents are arrested without evidence and put on trial for months, "while Mr. Gautam Adani walks free despite repeated and grave allegations."
https://x.com/RaoKavitha/status/1859554238382342305
In a post on X, Kavitha said, "They propagate Akhand Bharat but deliver Selective Justice! Political opponents are arrested without evidence and put on trial for months, while Mr. Gautam Adani walks free despite repeated and grave allegations. What's stopping the Union Govt from acting?"
However, the Adani Group strongly refuted bribery allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of the Adani Green as baseless. The Adani Group spokesperson in an official statement said all legal recourse will be taken.
"The US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied," the statement read.
US prosecutors had charged Gautam Adani and others in an alleged Solar Energy contract bribery case. A five-count criminal indictment has been unsealed in the United States District Court for the Eastern District of New York, charging prominent Indian executives including Chairman of the Adani Group Gautam Adani by linking them to an alleged bribery and fraud scheme.
Meanwhile, BJP MP Sambit Patra on Thursday also said that the Adani Group will defend itself on its own and the law will take its own course.
Addressing a press conference, BJP MP Sambit Patra said, "Today, since morning, we have been seeing in the media an issue regarding a company. There is a case against that company in the US. There are allegations and counter-allegations. We clearly believe that as far as the company and the case against it are concerned, the company will issue a statement and defend itself on its own. Law will take its own course..."
The Adani group further highlighted a key aspect of the legal proceedings, noting, "As stated by the US Department of Justice itself, 'the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven guilty.' All possible legal recourse will be sought."
Amid these allegations, Adani Green Energy also informed stock exchanges that its subsidiaries have decided to defer their planned US dollar-denominated bond offerings.
It said "In light of these developments, our subsidiaries have presently decided not to proceed with the proposed USD denominated bond offerings".