Congress leader Jairam Ramesh Friday reiterated the party’s demand for a thorough investigation into the Adani Group’s dealings, despite the Securities and Exchange Board of India giving a clean chit to the conglomerate.
File Photo: IANS
Congress leader Jairam Ramesh Friday reiterated the party’s demand for a thorough investigation into the Adani Group’s dealings, despite the Securities and Exchange Board of India giving a clean chit to the conglomerate. In a post on handle X, Ramesh emphasised that the questions raised in the Congress party’s “Hum Adani Ke Hain Kaun” (HAHK) series remain unanswered.
The HAHK series highlighted alleged irregularities in the Adani Group’s transactions and its ties with the government. Ramesh pointed out that the matter goes far deeper, involving abuse of Indian foreign policy, misuse of investigative agencies, and capture of institutions like SEBI.
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“The questions we raised in the 100-question series Hum Adani Ke Hain Kaun (HAHK) remain unanswered,” Ramesh stated, emphasising the need to investigate the “Modani Scam” in all its dimensions. He also questioned the SEBI’s role in investigating alleged violations of securities and other laws by the Adani Group.
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The Adani Group has been facing allegations of bribery and fraud, with the US Attorney’s Office charging Gautam Adani and others with conspiracies to commit securities and wire fraud. Jairam Ramesh has demanded a Joint Parliamentary Committee (JPC) investigation into the Adani Group’s transactions, citing growing monopolisation, inflation, and foreign policy challenges.
Ramesh also expressed concerns about the impact of the Adani Group’s dealings on India’s foreign policy, citing the cancellation of airport and power transmission deals in Kenya after the US bribery indictment. “Our nation’s foreign policy cannot be subordinated to the interests of just one business conglomerate,” Ramesh said.
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