LOP Rahul Gandhi Urges Swift Action in Adani Controversy Amidst Allegations of Fraud

Opposition Leader Calls for Arrest, JPC Probe, and SEBI Leadership Accountability

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New Delhi: Congress leader Rahul Gandhi intensified his criticism of industrialist Gautam Adani and Prime Minister Narendra Modi, calling for immediate action in light of fresh allegations against the Adani Group. Addressing the media, Gandhi demanded the billionaire’s arrest and a comprehensive investigation led by a Joint Parliamentary Committee (JPC) following reports of bribery and financial misconduct.

The allegations stem from a U.S. prosecution that accuses Adani of orchestrating a $250 million bribery scheme involving Indian officials. Gandhi alleged that this case not only violates Indian laws but also compromises India’s international reputation, citing extensive reporting by global investigative networks such as the Organised Crime and Corruption Reporting Project (OCCRP).

In his statement, Gandhi criticized SEBI (Securities and Exchange Board of India) for its alleged failure to act impartially. He called for the removal of SEBI Chairperson Madhabi Puri Buch and an inquiry into her decision-making, especially considering recent reports suggesting lapses in regulatory oversight of Adani-linked entities operating in offshore tax havens.

The Congress leader reiterated his long-standing demands for transparency, asserting that the government has shielded Adani from accountability. He questioned SEBI’s reluctance to disclose prior investigations into the conglomerate, which included allegations of money laundering and share price manipulation.

Gandhi vowed to raise the issue during the upcoming Winter Session of Parliament, reinforcing the opposition’s commitment to demanding justice and transparency. The Congress party has termed the allegations the “biggest corruption scandal in Indian history” and accused the Modi government of actively facilitating unethical business practices.

Criticism has also come from other opposition leaders, including AAP, who joined the chorus calling for strict action. They emphasized that the controversy casts a shadow over India’s financial integrity and global image, especially ahead of critical international engagements like the G20 summit.

Web Team, C6N

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