Congress leader Rahul Gandhi, also the Leader of the Opposition in the Lok Sabha, escalated his criticism of businessman Gautam Adani on Wednesday, calling for his immediate arrest. Speaking to reporters outside Parliament, Gandhi questioned why Adani, who is facing serious allegations abroad, remains free while individuals in India are often detained for far lesser offenses.
Adani Group Denies Allegations Gandhi's remarks came shortly after the Adani Group released a statement denying any charges against Gautam Adani or his nephew, Sagar Adani, under the US Foreign Corrupt Practices Act (FCPA). The group clarified that neither of them has been accused of any violations in connection to the bribery case filed in a US court.
Allegations in the US Indictment The US indictment reportedly includes charges related to securities fraud and monetary penalties. However, the Adani Group dismissed the allegations, stating that the charges lack specificity. According to the group, no clear details have been provided about who allegedly paid bribes or who received them.
Gandhi’s Response When asked about the Adani Group’s denial, Gandhi responded, “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 Congress leader criticized what he perceives as preferential treatment for Adani, contrasting his situation with the numerous arrests of people in India on minor charges. “Hundreds of people are being arrested on tiny charges, and the gentleman has been indicted in the United States for thousands of crores. He should be in jail. The government is protecting him,” Gandhi said, emphasizing the need for accountability and equal application of the law.
A Political Battle Gandhi has long accused the Modi government of shielding Adani from legal scrutiny, framing the controversy as both a business and political scandal. He claims the alleged financial misconduct highlights deeper issues of crony capitalism and government favoritism.
Legal Uncertainty Adani’s lawyer, Mukul Rohtagi, previously argued that the bribery allegations lack substance, describing them as vague and devoid of concrete evidence. Rohtagi pointed out that the indictment does not identify specific individuals involved in giving or receiving bribes, further complicating the case.
Broader Implications The controversy adds fuel to the ongoing tension between the opposition and the ruling government over Adani’s business practices. Gandhi’s persistent calls for Adani’s arrest are likely to keep the issue in the political spotlight, as the opposition continues to question the government’s handling of corporate accountability and governance.
The case raises broader concerns about transparency, corporate ethics, and fairness in India, especially regarding influential business conglomerates with close political ties.
Adani Group lost nearly USD55-billion as US Charges Sparked Rout: Report
Lok Sabha Adjourned Until Nov 28 Amid Protests Over Key Issues