Tag: Modi – Adani – protests – opposition

Modi’s Party Seeks Distance from Adani Amid Escalating Opposition Protests

larhondamercado3Leave a comment

BJP Distances Itself from Adani Following US Bribery Indictment

Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has stated it will not defend billionaire Gautam Adani after his U.S. indictment over alleged bribery to secure power deals in India.

Key Points:

  1. Opposition Criticism:
    The Congress party has accused the BJP of shielding Adani and demanded a parliamentary probe, with nationwide protests amplifying political pressure.
  2. US Indictment:
    Gautam Adani, his nephew Sagar Adani, and others are accused of a $265 million bribery scheme to secure solar power contracts across multiple Indian states and territories between 2021 and 2022.
  3. BJP’s Stance:
    BJP spokesperson Gopal Krishna Agarwal stated, “We have nothing to defend him,” emphasizing that industrialists are partners in nation-building but must face legal consequences for any wrongdoing.
  4. Fallout in Andhra Pradesh:
    The Andhra Pradesh government, allied with BJP, is reviewing a power supply contract linked to Adani and may suspend it pending a federal investigation.

The Adani Group has denied the charges as “baseless,” while the BJP seeks to distance itself from the controversy amid escalating opposition protests.