Leader of Opposition in the Lok Sabha and Congress leader Rahul Gandhi on Wednesday wondered why Industrialist Gautam Adani was not in jail when hundreds of people were arrested in the country on tiny charges.
Speaking to reporters outside Parliament, Gandhi said, “You think the Adanis are going to accept the charges? Which world are you living in? Obviously, he is going to deny the charges.”
The former Congress chief further alleged that the Prime Minister Narendra Modi-led central government is protecting the Billionaire. “The point is he has to be arrested. As we have said, hundreds of people are being arrested on tiny charges and the gentleman has been indicted in the US for thousands of crores. He should be in jail. The government is protecting him,” he said.
The statement from Gandhi comes hours after the Adani Group refuted the charges made against the billionaire and his nephew Sagar Adani with violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case.
Congress general secretary in charge of communications Jairam Ramesh said that it is no surprise that the Modani ecosystem has unleashed significant legal forces today. “Now that it faces serious repercussions from countries where it cannot exert influence or undermine the systems, the Modani ecosystem is resorting to damage control through denial.”
He emphasised that this ridiculous attempt cannot minimise the intensity of the accusations made by US agencies.
“The indictment from the U.S. Department of Justice clearly indicates that Gautam S. Adani, Sagar R. Adani, and others ‘devised a scheme to offer, authorize, make, and promise bribe payments to Indian government officials in exchange for these officials facilitating state electricity distribution companies in entering Power Sale Agreements (PSAs) with SECI’ (para 47),” Ramesh noted in a post on X.
He further pointed out that the indictment also claims they “offered and promised approximately Rs 2,029 crore (around USD 265 million) in bribes to Indian government officials in return for facilitating the execution of PSAs by state electricity distribution companies”.
Additionally, it alleges high-level corruption, suggesting that Sagar R Adani and Vneet S Jainn had “covertly influenced the SECI process regarding the reallocation of 2.3 GW Power Purchase Agreements (PPAs) to a subsidiary of the Indian Energy Company,” Ramesh added.
He highlighted that the Solar Energy Corporation of India (SECI) is a public sector enterprise under the Union Ministry of New and Renewable Energy.
Ramesh argued that the Enforcement Directorate (ED), Central Bureau of Investigation (CBI), and SEBI should be proactively investigating these revelations.
“It is their duty to act in the nation’s interest, not to serve as instruments of a corrupt political-business alliance,” he asserted.
“This is a crucial moment for our institutions and those who hold positions within them. History will neither forgive nor forget this moment. For our part, we will persist in addressing these issues in Parliament and with the public,” Ramesh said.