India’s parliament suspended temporarily after row over Adani

India’s parliament suspended temporarily after row over Adani

The US accuses the billionaire of being part of a scheme to pay bribes of US$265 million.

Gautam Adani
Gautam Adani is accused of misleading US investors while raising funds there. (AFP pic)
NEW DELHI:
Both houses of Indian parliament were suspended temporarily today within minutes of opening as opposition lawmakers disrupted proceedings for the third day this week seeking a discussion on allegations against the Adani Group.

US authorities have accused Gautam Adani, his nephew Sagar Adani and managing director of Adani Green, Vneet S Jaain, of being part of a scheme to pay bribes of US$265 million to secure Indian solar power supply contracts, and misleading US investors during fund raises there.

“We want a discussion on this in parliament. It is going to be the third day that we are demanding a reply from the prime minister” on the Adani issue, Manickam Tagore, a lawmaker from the main opposition Congress party, which has been leading the protests against the business group, told news agency ANI.

Many of India’s opposition parties accuse Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) of favouring Adani and blocking investigations against him in India, accusations both have denied.

Congress leader Rahul Gandhi, who has been a vocal critic of Adani, said Gautam Adani, 62, should be arrested.

While the government has not made any comment on the indictment, Modi’s BJP has said it had no reason to defend Adani, adding that the party was not against industrialists and considered them partners in nation-building efforts.

“Let him defend himself,” BJP spokesman Gopal Krishna Agarwal said yesterday, adding that the law would take its course.

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