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HomeIndiaCM Chandrababu says- Adani bribery case disgraced Andhra: We will take action soon; The...

CM Chandrababu says- Adani bribery case disgraced Andhra: We will take action soon; The government should be accountable to the people

BJP ally Telugu Desam Party president and Andhra Pradesh Chief Minister Chandrababu Naidu has reacted to the Adani bribery case. Naidu said in the assembly that the Adani bribery case has brought disgrace to Andhra Pradesh.

He said that the charge sheet of Adani bribery case has reached us. We will take action soon. All documents are being verified. Government should be accountable to the people. Such crimes will be repeated until the perpetrators of such acts are brought to justice.

In fact, businessman Gautam Adani was charged on Thursday with bribery and fraud to get solar power contracts in the US. The case was filed in federal court in New York.

It is alleged that Adani met the then Andhra CM Jaganmohan Reddy in 2021 and the state government agreed to purchase 7 thousand MW of electricity. For this, Andhra officials were given a bribe of 1750 crore rupees.

The BJP MLA said- an investigation should be started against Jagan Andhra Pradesh BJP MLA P Vishnu Kumar Raju has also demanded that the state government initiate an inquiry into the bribery allegations against Jagan. He said that the charges are very serious and the accused will not be spared.

Apart from this, former minister Somireddy Chandra Mohan Reddy also said that after CBI and ED, now the American agency FBI is investigating Jagan's corruption. He said that such people are not fit to enter politics. He has embarrassed the entire state.

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On the other hand, Jagan's party YSR Congress said, we had a direct agreement with SECI (a central company), which was transparent and legally valid. Neither Adani nor any private company was involved.

Consider the case this way: Andhra officials were given Rs 1,750 crore to buy electricity from the central company. bribed

  • According to the US prosecutor, Adani's company recently got a contract for 12 GW (12 thousand megawatts) of solar energy from the central company Solar Energy Corporation of India (SECI), but SECI could not find buyers in India to buy the solar energy. This deal would not have been possible without the buyers.
  • In such a situation, Adani Green Energy and Azure Power bribed the government officials. In 2021, Adani met the then CM of Andhra (Jaganmohan Reddy) and the state government there agreed to purchase 7 thousand MW of electricity. Andhra officials were charged Rs. 25 lakhs is received. That is, a total bribe of 200 million dollars (Rs. 1750 crores) was given. Odisha bought 500 MW power in the same way.
  • After this, between July 2021 and December 2021, SECI signed agreements to buy power from Andhra Pradesh, Odisha, Chhattisgarh and Tamil Nadu.
  • To pay the bribe, the two companies allegedly raised $175 million (Rs 1478 crore) from American banks and investors. Used a code to hide his role. Adani's code name was 'Numero Uno' or 'The Big Man'. The deal was done through encrypted messaging.
  • Adani is accused of lying to American investors and banks to collect this amount of bribes. The case was filed in the US because money from American investors was withheld in the project and giving that money as a bribe is a crime under American law.
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America's allegation- offer of 2200 crore bribe to Indian officials In America, 8 people including businessman Gautam Adani are accused of fraud of billions of rupees. The United States Attorney's Office says Adani paid or planned to pay bribes of $265 million (about Rs 2,200 crore) to Indian officials to secure contracts related to solar power in India.

The entire matter is related to Adani Group company Adani Green Energy Limited and another firm. The case was filed on 24 October 2024 in a federal court in New York. Gautam Adani, his nephew Sagar Adani, Vineet S Jain, Ranjit Gupta, Cyril Cabenis, Saurabh Agarwal, Deepak Malhotra and Rupesh Agarwal have been made accused in his hearing on Wednesday.

However, it is not yet clear whether Gautam or Sagar Adani will appear in the US court or not, as they may try to dismiss the charges against them without appearing in court. A spokesman for U.S. Attorney Brian Peace in Brooklyn said it was unclear which country Gautam Adani was living in. No accused has been taken into custody yet.

Adani said – We refute all the allegations as baseless Adani Group has dismissed all the allegations as baseless. The group said- the allegations leveled against the directors of Adani Green Energy Limited by the United States Department of Justice and the United States Securities and Exchange Commission are baseless.

Government of Kenya Rs. 21,422 crore canceled two deals

President William Ruto addressing the Parliament of Kenya.

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In America Following the allegations against the Adani Group, the Kenyan government has announced the cancellation of all deals with them. It included major projects like power transmission and airport expansion.

President William Ruto said- 'Our government operates on the principles of transparency and honesty and will not allow agreements that are against the image and interests of the country. We will not accept any agreement that is against the policies and values ​​of our country.

The Kenyan government has signed an agreement with Adani Group for 30 years for $736 million ie Rs. 6,217 crore power transmission deal was signed. The deal was to build infrastructure for power transmission in Kenya. Apart from this, Adani Group has $1.8 billion i.e. Rs. 15,205 crore was also proposed to develop an international airport, but Rs. Both these deals worth Rs 21,422 crore have now been cancelled.

Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).

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