Rahul Gandhi launched a sharp attack on Narendra Modi today, linking him to billionaire Gautam Adani, whose companies are in the spotlight after an American short-seller alleged stock manipulation and accounting fraud.
He accused PM Modi of helping Mr Adani’s business empire across sectors, prompting an emphatic rebuttal from the ruling BJP, which called his allegations wild and reckless.
Adani ji never fails in anything he does, whether it’s solar power or wind power. During my yatra people asked me how Adani had achieved such success in so many sectors, what is his relationship with the Prime Minister,” Mr Gandhi said in Lok Sabha , alleging the businessman gained contracts in countries PM Modi visited.
“People asked me how Adani’s net worth grew from $8 billion to $140 billion between 2014 and 2022,” he said.
When the BJP came to power in 2014, the businessman went from “600th to second rank.”
Adani got six airport contracts after rules were changed, he said.
“Don’t make wild allegations, give proof,” Law Minister Kiren Rijiju said.
“You’re now a senior MP. You should speak with responsibility. We expect you to be serious in parliament. But you can say whatever you want outside,” Mr Rijiju said.
BJP MPs yelled that the Congress gave airport contracts to GVK group and Dalmiya. Also, they said Mr Gandhi should talk about the “Ashok Gehlot-Adani ties” – referring to Mr Adani’s pledge of 65,000 crore at last year’s Rajasthan Invest Summit.
According to Adani, the Hindenburg report is a “malicious mixture of selective misinformation and stale, baseless, and discredited allegations that have been rejected by India’s highest courts”.
LIC (Life Insurance Corporation of India) and SBI (State Bank of India) have invested in Adani group shares, say opposition parties. Adani says all laws and disclosure requirements have been followed.
Protests over Hindenburg-Adani have disrupted both houses of parliament.
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