Adani indictment in US court: How the Congress Party is scoring self goals, and amplifying outrage over mere allegations

On Thursday, the US Attorney’s Office in the eastern district of New York said that Adani Group chairman Gautam Adani and seven other executives had been accused in connection with an alleged years-long plot to bribe Indian officials. pic.twitter.com/MLWa175O2D — Sushant Singh November 20, 2024 Notorious Supreme Court lawyer and a known Modi detractor Prashant Bhushan also passed off the US Justice Department’s allegations against Gautam Adani as indisputable truth and said, “Adanis indictment in the US is for 5 counts massive bribery & fraud; & relies on irrefutable electronic evidence. https://t.co/tEnnlqz7BL pic.twitter.com/tqwkX39dmz — Ankur Singh November 21, 2024 Point number 21 of the indictment says, “The Chhattisgarh State Power Distribution Company Limited, Tamil Nadu Generation and Distribution Corporation Limited, GRIDCO Limited, Jammu Kashmir Power Corporation Limited, Andhra Pradesh Central Power Distribution Corporation Limited, Andhra Pradesh Eastern Power Distribution Company Limited and Andhra Pradesh Southern Power Distribution Company Limited were electricity distribution companies in India that were state-owned and state-controlled and performed functions that the state governments in India treated as their own. The State Distribution Companies were “instrumentalities” of the Indian government, and their officers and employees were “foreign officials,” as those terms are used in the FCPA, Title 15, United States Code, Sections 78dd-1 and 78dd-3.” As per the US Justice Department, after making the alleged promise of bribes to Indian officials of the mentioned state government, around July 2021 and February 2022, electricity distribution companies for the states and regions of Odisha, Jammu and Kashmir, Tamil Nadu, Chhattisgarh and Andhra Pradesh entered into PSAs with SECI with Andhra Pradesh purchasing the maximum amount of solar power. Adani Group responds to indictment by US Justice Department In an exchange filing on Thursday, Adani Green Energy Limited said, “The United States Department of Justice and the United States Securities and Exchange Commission have issued a criminal indictment and brought a civil complaint, respectively, in the United States District Court for the Eastern District of New York, against our Board members, Gautam Adani and Sagar Adani.