Gujarat Congress exposes corrupt alliance of Adani and Modi

17-02-2023

The Congress party stands shoulder to shoulder with the countrymen who are victims of the government sponsored divisive agenda to divert attention from the country’s rising inflation, rising unemployment and failures of governance. As a responsible opposition party, we are also worried about the capitalists, friends of the BJP government, free hand to loot the government treasury and this whole Adani scam involving the Prime Minister, so we will not let the government run away from its responsibility. And today in the series ‘Hum Adani Ke Hain Koun’, we are standing with the country, holding press conferences in 23 big cities. Addressing a press conference at Rajiv Gandhi Bhawan, Ahmedabad, Senior Spokesperson of All India Congress Committee and former Union Minister Shri Ajay Makenji said that though the Government has removed some parts of Shri Rahul Gandhi’s questions and Congress President Shri Mallikarjun Kharge’s speech removed from commission. The proceedings of the Parliament are going on, but the people of India are watching what is happening in the Parliament. People want to know why the government is trying to lower the standard of parliamentary speeches and why the Prime Minister is not answering relevant questions in Parliament? Countrymen want to know how a dubious group having links with foreign shell companies operating from tax haven countries is monopolizing Indian properties and yet no action is being taken by government agencies or in facilitating all these dubious activities. Is adjacent to. People of India are very intelligent and they can understand the complete nexus between Modiji and his capitalists. They want to know why the Prime Minister helped a capitalist become the second richest man in the world and why is he silent on serious international revelations?

The Congress party is not against the man who has moved from 609th position to 2nd position in the list of world’s richest people. But we are certainly against government sponsored private monopoly as it is against the public interest. In particular, we are against the monopolization of our international goodwill and national resources by a private individual, who are suspected of fraud and corruption in tax haven countries.

The Congress party wants to know why the Modi government is afraid to form a Joint Parliamentary Committee on the issue despite having a substantial majority in both the Houses of Parliament. Before coming to power, Prime Minister Modi had promised to bring back black money in India and put Rs 15-20 lakh in every citizen’s bank account, but today’s bitter reality is exactly the opposite. Money deposited in Swiss banks by Indian individuals and companies reached a 14-year high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021, according to the latest annual data from the Central Bank of Switzerland. Congress party wants to know who is the real owner of black money coming to India from foreign shell companies running from tax haven countries? What happened to your promise, that oath, that intention? What happened to the Prime Minister’s promise on black money? The Prime Minister has repeatedly spoken of his commitment and determination to fight corruption, but those close to him are clearly involved in illegal activities which are usually mafia, terrorists and enemy countries.

Over the years, PM Modi has misused agencies such as the ED, CBI and DRI (Directorate of Revenue Intelligence) to intimidate his political or ideological rivals as well as punish business houses not aligned with the financial interests of his crony capitalist friends. Have done

The JPC was constituted in 1992 to probe the Harshad Mehta case, while in 2001 the JPC probed the Ketan Parekh case. Both the then Prime Minister Shri Narasimha Rao and Prime Minister Shri Atal Bihari Vajpayee had faith in the elected representatives to investigate the scams affecting millions of Indian investors. What is Prime Minister Modi afraid of? Is there any hope of a fair and impartial trial under this?

What was SEBI doing when this fraud was happening?

1) Lakhs of investors who had invested in Adani Group shares whose prices were artificially inflated as a result of the fall in share prices after allegations of rigging in Adani Group’s shares surfaced. Between January 24 and February 15, 2023, the value of Adani Group’s shares fell by Rs 10,50,000 crore. On 19 July 2021, the Finance Ministry admitted in Parliament that the Adani Group was under investigation for violating SEBI regulations, yet Adani Group’s share price was allowed to soar.

2) The value of Adani Group shares bought by LIC for Rs 83,000 crore on 30 December 2022 has fallen to Rs 39,000 crore as on 15 February 2023, i.e. the value of savings of 30 crore LIC policy holders has decreased by Rs 44,000 crore . Despite a fall in share prices and serious allegations of fraud by the group, the BJP government allowed LIC to add an additional Rs. Forced to invest 300 crores

3) In the Ketan Parekh scam of 2001, SEBI found that the promoters of Adani Group were involved in stock market manipulation. The current allegations against this group are just as dangerous.

Instead of probing, PM Modi gave more opportunities to Adani group in this year’s ‘Mitra Kaal’ budget:

On 14 June 2022, Adani Group announced

announced that it will invest $50 billion in green hydrogen in partnership with France’s Total Energy. January 4, 2023 only

The Union Cabinet has approved the National Green Hydrogen Mission with an outlay of Rs 19,744 crore. Total Energy has ended its involvement in the venture, but is there a commercial announcement by Adani that is not subsidized by taxpayers’ money? In her ‘Mitra Kaal’ budget speech on 1 February, Finance Minister Nirmala Sitharaman announced that 50 more airports, heliports and water aerodromes would be revived in the next phase. How much will Adani benefit from this?

monopoly

Airports – The Adani Group has become the largest operator of airports in India in a short span of time. It received permission from the government to operate six out of six airports in 2019, and in 2021 the group took over India’s second busiest airport, Mumbai’s Chhatrapati Shivaji Maharaj International Airport, under questionable circumstances.

Ports – Today the Adani Group controls 13 ports and terminals, which account for 30 percent of India’s port capacity and 40 percent of total container traffic. Is it prudent from a national security perspective to allow a company facing serious allegations of money laundering and dealings with shell companies abroad to dominate a strategic sector?

Modiji helped Adani establish dominance in the port sector by using all means available. Government concession ports have been sold to the Adani group without any bidding and where bidding has been allowed, competitors have miraculously disappeared from the bidding. The Income Tax raids seem to have helped ‘convince’ the former owner of Krishnapatnam Port to sell it to the Adani group. In 2021, the state-owned Jawaharlal Nehru Port Trust was bidding for the Dighi Port in Maharashtra to compete with Adani, but was forced to withdraw its winning bid after a sudden change of heart by the shipping and finance ministries. It was lying

Defense Sector – It is public knowledge that Gautam Adani accompanied PM Modi on several foreign visits. Following his visit to Israel on 4-6 July 2017, he has been assigned a key role in the context of India-Israel defense relations. They have set up joint ventures in sectors such as drones, electronics, small arms and aircraft maintenance without any prior experience, whereas many start-up companies and public sector companies have been in these sectors for many years.

Power Sector – UPA signed an MoU in 2010 with public sector company NTPC to set up a 1320 MW thermal power plant at Bagerhat, Bangladesh. After becoming Prime Minister, Modi decided to help his friends and on 6 June 2015, during a visit to Dhaka, it was announced that Adani Power would set up a thermal power plant in Goda, Jharkhand to supply electricity to Bangladesh. Will do

In the last 9 years, the Modi government may have taken all the government agencies and institutions like CAG, CBI under its control, but the truth always comes out, the truth cannot be suppressed with the help of ED and CBI. Please wait, this is just the beginning, many hidden secrets of BJP will be revealed in the coming times.

Gujarat Pradesh Congress Committee President Jagdish Thakor, Assembly Congress Party leader Amit Chavda, State Vice President Bimal Shah, former minister Jaynarayan Vyas, former MLA Gyasuddin Sheikh, State General Secretary Naeem Mirza were present in the press conference. (google translation)