Gautam Adani not in jail when several are arrested on ‘tiny’ charges: Rahul Gandhi questions
3 months, 3 weeks ago

Gautam Adani not in jail when several are arrested on ‘tiny’ charges: Rahul Gandhi questions

The Hindu  

Countering the claim that industrialist Gautam Adani and his nephew, Sagar Adani, have not been charged under Foreign Corruption Practices Act, the Congress on Wednesday asserted that the FCPA is applicable only to U.S. citizens and reiterated its demand for Mr. Adani’s arrest. In a filing to the stock exchange, Adani Green Energy Ltd. said the Department of Justice’s indictment does not mention Gautam Adani, Sagar Adani or Vineet Jain in any count related to conspiracy to violate the FCPA. There is no escaping the fact that the Department of Justice indictment clearly says that Gautam S Adani, Sagar R Adani, and others devised a scheme to offer, authorise, make and promise to make bribe payments to Indian government officials in exchange for the government officials causing state electricity distribution companies to enter into PSAs with SECI’ ”. “It also says that they ‘offered and promised to Indian government officials approximately ₹2,029 crore in bribes in exchange for Indian government officials causing the state electricity distribution companies to execute PSAs’,” he added. Mr. Ramesh said the Department of Justice had alleged corruption at the highest levels, saying that Mr. Sagar R Adani and Mr. Vineet S Jain “secretly influenced the SECI process for reallocation of the 2.3 GW PPAs to the Indian Energy Company’s subsidiary”.

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