Gautam Adani, chair of India’s Adani Group and one of the world’s richest people, was indicted in New York with others for an alleged multi-billion-dollar fraud scheme, authorities said Wednesday.
Adani and seven other defendants are accused of agreeing to pay more than $250 million in bribes to Indian government officials to obtain “lucrative solar energy supply contracts with the Indian government,” the U.S. Attor
Those contracts were projected to generate more than $2 billion in post-tax profits over two decades.
Adani allegedly met in person with an Indian government official on several occasions as part of the bribery scheme, prosecutors said.
Adani and two other defendants, his nephew Sagar Adani and Vneet Jaain, who are executives of Adani Green Energy Limited, are also accused of conspiracies related to allegedly lying to U.S. and international investors about the bribery scheme as they sought to raise capital from those investors.
This photograph taken on January 12, 2024, shows a worker walking past rows of solar panels at the Adani Group owned Khavda Renewable Energy Park in Khavda. Deep in the desert along the border with Pakistan, India's most controversial billionaire is building the world's largest renewable energy park as he races to future-proof his coal-linked fortune. Gautam Adani's ports-to-airports, media and energy empire -- which critics say has benefited from his links with Indian Prime Minister Narendra Modi
The five-count indictment unsealed Wednesday also charged Ranjit Gupta and Rupash Agarwal, who are former executives in the renewable-energy company Azure Power, and three former employees of the Canadian institutional investor Caisse de Depot et Placement du Quebec with conspiracy to violate the Foreign Corrupt Practices Act in connection with the bribery scheme by Adani.
Gautam Adani, chair of India’s Adani Group and one of the world’s richest people, was indicted in New York with others for an alleged multi-billion-dollar fraud scheme, authorities said Wednesday.
Adani and seven other defendants are accused of agreeing to pay more than $250 million in bribes to Indian government officials to obtain “lucrative solar energy supply contracts with the Indian government,” the U.S. Attor
Those contracts were projected to generate more than $2 billion in post-tax profits over two decades.
Adani allegedly met in person with an Indian government official on several occasions as part of the bribery scheme, prosecutors said.
Adani and two other defendants, his nephew Sagar Adani and Vneet Jaain, who are executives of Adani Green Energy Limited, are also accused of conspiracies related to allegedly lying to U.S. and international investors about the bribery scheme as they sought to raise capital from those investors.
This photograph taken on January 12, 2024, shows a worker walking past rows of solar panels at the Adani Group owned Khavda Renewable Energy Park in Khavda. Deep in the desert along the border with Pakistan, India's most controversial billionaire is building the world's largest renewable energy park as he races to future-proof his coal-linked fortune. Gautam Adani's ports-to-airports, media and energy empire -- which critics say has benefited from his links with Indian Prime Minister Narendra Modi
The five-count indictment unsealed Wednesday also charged Ranjit Gupta and Rupash Agarwal, who are former executives in the renewable-energy company Azure Power, and three former employees of the Canadian institutional investor Caisse de Depot et Placement du Quebec with conspiracy to violate the Foreign Corrupt Practices Act in connection with the bribery scheme by Adani.
Really bad news
VinodTK ji,
the obummer vipers will not leave the nest without some last ditch efforts to derail India's growth story.
dig beneath the surface and you will find definite evidence of cheeni fingerprints.
and it is a warning shot to go easy on some congi clown's citizenship issue that is now pending before an Indian court.
Both the amrikis and the cheenis have been, for the longest time, trying to undercut adani and curb his India specific strategic foreign investments in key regions, especially where such investments clash with the amriki / cheeni predatory geopolitical interests.
The haifa port deal by adani was a really hard kick to the cheeni testimonials. The repeat order for the (Naval) french rafales has closed many doors for the amriki deep state.
2024 India elections did not produce the results that the BIF and the cheeni heavily paid paid for. That was not considered "bribery or even illegal interference in India's Internal affairs and open election rigging".
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 09:42
by sanjayc
^^ Adani is also being punished for takeover of NDTV, which was a key American propaganda asset in India
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 11:01
by chetak
sanjayc wrote: ↑21 Nov 2024 09:42
^^ Adani is also being punished for takeover of NDTV, which was a key American propaganda asset in India
sanjayc ji,
They are calling him a media baron because of rundeeteevee.
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 13:09
by SRajesh
Just remembered that the timing could not have been too right:
Waqf bill to be high on the agenda for passage this session
And out comes Adani indictment
The tamasha will begin :
JPC vs Waqf bill
the usual tamasha in the LS and wasted session!!!
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 14:37
by Lisa
WOT, no indictment for Modi!!!
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 15:27
by Aditya_V
Besides I think the indictment is 4 state Governments officials took bribes between July 21 and Apr 22- i.e Chhattisgarh, Andhra Pradesh, Odisha and Tamil Nadu.
Funny thing is representatives from these Parties are attacking Adani.
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 16:42
by chetak
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 18:45
by chetak
Keep Connecting Dots!
~Brooklyn Court has indicted #Adani
~Where is it? Ans: New York
~All prosecutors in New York are chosen by Soros, who're still trying to Jail Trump.
~Adani has pledged investment of $10 Billion in US Infra & Energy Projects, which are currently dominated by Chinese companies.
~Soros, Hunter Biden & many Democrats have huge investments in these Chinese Companies.
~Soros has already lost big money after his 2nd Failed attack on Adani via Short-seller Hindenburg Research.
~US bond investors, have largely supported Adani despite repeated attacks by #Hindenburg. This resilience hasn’t sat well with Biden and D€€P $t@te.
~D€€P $t@te run CIA had orchestrated regime change in Bangladesh. Adani Group curtailed Power Supply to same Bangladesh to bring it down to knees.
~To stop threat called Adani, there is simple way....to indict him in some US Court.
~As per American Laws, a company indicted in Court Charges is barred from making investments in US.
Connect Dots and also think whom does D€€P St@te support in Bharat & Why?
My take- Gautam Adani is not just a businessman; he is a strategic force driving Bharat's rise in the global order. The current allegations are part of a larger geopolitical game aimed at weakening Bharat's economic and strategic resilience & rising power through control on ports, airports across continents. It's hurting badly not only to China, but also to US & WEST.
In such times, Defending Adani is defending Bharat's sovereignty, its economic future, and its critical role in global stability.
I rest my case. Logical & Critical decision left upon you.
The answer is here
Not one NDTV Anchors came in ro defend their boss Adani.
Had it been their former boss Prannoy Roy they would have posted all the time defending him.
Adani hired new snakes in his own channel.
There isn't even one nationalist journalist in the lot
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 21:09
by SRajesh
Chetakji
is this a tit for tat reaction as Adani tried to pull the rug under the feet of Kangalistan aka Beediland?? or
Much wider issue : i.e., NaMo/Putin rather than Adani
A parting gift of the Dems especially Woh Bummer who stands to loose mre than the rest of the Dems!!
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 21:11
by SRajesh
And Kenya scrapping the deal has the marks of Woh Bummer
Re: Modi 3.0 - Bharat
Posted: 21 Nov 2024 22:50
by chetak
SRajesh wrote: ↑21 Nov 2024 21:09
Chetakji
is this a tit for tat reaction as Adani tried to pull the rug under the feet of Kangalistan aka Beediland?? or
Much wider issue : i.e., NaMo/Putin rather than Adani
A parting gift of the Dems especially Woh Bummer who stands to loose mre than the rest of the Dems!!
SRajesh ji,
No reason for adani to support the beedi govt, why should he take a hit for no reason at all. He is in it for the money, like every one else
It is the deep state making sure that India keeps it's nose out of the ukr peace process and let the war go on and also not strangle the beedis too much.
As far as the cheen and the amrikis are concerned, all beedi logistics are best sourced from India as it lessens their burden. They do not want that commerce to stop but unfortunately for the beedis, cheen and the amrikis, most businesses have fled, investments have dried up and imports have all but stopped, especially textile based goods and services which used to bring in some moolah for them
The ill treatment of the minority Hindus has not helped and the true color of the bengali jihadi is on display for all to see
AFAIK, the power from nepal is only about about 40 MW and that too is only available for about 5 odd months in a year. Keeps the nepalese happy and screws the beedis
no blame can now stick to India on the power front. But India continues to pump power to the beedis from govt power producers and that is also slowly tapering out due to non payment of bills
This is a deeper amriki game being played out on a much broader front, and the reasons for the arm twisting will become clearer as the days go by.
BTW, youanus senses danger to himself (from "students" and lamp posts) and so he is in paris most of the time these days. The beedi situation is unravelling fairly quickly.
the beedis will soon implode in the near to medium term and, like it or not, India will get caught in the blast zone with "refugees" flooding in
Re: Modi 3.0 - Bharat
Posted: 22 Nov 2024 10:40
by Yogi_G
Last hurrah from the liberal regimes in the five lice setup! They shall be flushed without remorse! Cleanse the Mlecchas!
Re: Modi 3.0 - Bharat
Posted: 23 Nov 2024 01:27
by chetak
1st the bitcoin scam, and now This!
German cache lands on I-T browser; data on over 1,000 Indians with Gulf homes sent
Germany has provided India with a massive amount of data on properties in the UAE owned by Indians, potentially leading to tax evasion investigations.
The info, exceeding the scale of the 2011 HSBC Swiss accounts data leak, has prompted notices from Indian tax authorities to over 1,000 individuals.
Mumbai: Germany has shared with India the largest cache of information-far more than the HSBC Swiss accounts data the French had given in 2011-on thousands of properties owned by Indians in the Gulf.
This is a good thing, IMHO. I heard several ex-politicos, who are still Indian, have settled in al dubayya and invested ill-gotten wealth in Dubai RE.
What is the bitcoin scam?
Re: Modi 3.0 - Bharat
Posted: 23 Nov 2024 02:34
by chetak
The Hate Story – featuring Pappu Media
Pappu Media!
A bastion of intellectual theatrics, where every news segment feels like a sequel to Game of Thrones—minus the dragons but with all the fire-breathing.
YouTube has now become their amphitheater of absurdity, where Adani’s indictment is dramatically crowned the “biggest scam in Indian history.”
Apparently, this single event is set to topple governments, split the heavens, and usher in the long-awaited Rahul 89.0—India’s answer to an operating system update nobody asked for.
Bravo, truly.
Re: Modi 3.0 - Bharat
Posted: 23 Nov 2024 09:58
by sanjayc
^^ Not a single one of them is a practising Hindu. THey are either Muslims or communists. It is essentially Abrhamics v/s Hindus
BJP leading in Nanded. Win will increase the tally in LS to 241.
Re: Modi 3.0 - Bharat
Posted: 23 Nov 2024 12:43
by uddu
10% of Global Shipbuilding in 10 Years? Sanjeev Sanyal Unveils India's Bold Maritime Plan
Re: Modi 3.0 - Bharat
Posted: 23 Nov 2024 16:46
by chetak
Nadda Jee , @JPNadda
Agli baar RSS ke baare me soch samajh kar boliyega
#RSS mobilized over 65 organizations to launch "Sajag Raho" campaign in Maharashtra to unite Hindu voters, conducting 60,000 meetings
They work hard and silently on the ground without any limelight & when the job is done, they go back to "desh par raj nahi karna, desh ko banana hai"
Re: Modi 3.0 - Bharat
Posted: 23 Nov 2024 18:29
by chetak
SRajesh wrote: ↑21 Nov 2024 21:09
Chetakji
is this a tit for tat reaction as Adani tried to pull the rug under the feet of Kangalistan aka Beediland?? or
Much wider issue : i.e., NaMo/Putin rather than Adani
A parting gift of the Dems especially Woh Bummer who stands to loose mre than the rest of the Dems!!
This is a good thing, IMHO. I heard several ex-politicos, who are still Indian, have settled in al dubayya and invested ill-gotten wealth in Dubai RE.
What is the bitcoin scam?
Vayutuvan ji,
Apologies. I had missed this post
Maharashtra Election: What is ‘Bitcoin scam’ allegation against Supriya Sule, Nana Patole?
Maharashtra Election: Fresh allegations claim that Maha Vikas Aghadi leaders Supriya Sule and Nana Patole misappropriated bitcoins from a 2018 cryptocurrency fraud case to fund election campaigns.
Jharkhand: vote transfer between BJP and AJSU and Babulal Marandi did not take place. Need new leadership.
Re: Modi 3.0 - Bharat
Posted: 23 Nov 2024 23:08
by ernest
Supratik wrote: ↑23 Nov 2024 20:07
Jharkhand: vote transfer between BJP and AJSU and Babulal Marandi did not take place. Need new leadership.
I hear freebies sealed the game here too. Electricity bill waivers and such. This has become the standard voter expectation now, and no party can win without it.
Sadly, it makes illegal immigration more attractive. Tons of illegals come here and take all benefits all at the cost of the taxpayer. Then become loyal vote banks to those who can further their agenda.
Re: Modi 3.0 - Bharat
Posted: 24 Nov 2024 05:43
by Vayutuvan
chetak wrote: ↑23 Nov 2024 18:31
Apologies. I had missed this post
...
chetak gaaru, no need for an apology and thanks for answering. Interesting.
Re: Modi 3.0 - Bharat
Posted: 24 Nov 2024 05:46
by Vayutuvan
uddu wrote: ↑23 Nov 2024 12:19
Election Results 2024 Live Updates: BJP-led Mahayuti triumphs in Maha; JMM-led INDIA bloc set for Jharkhand win
...
uddu ji, we should deprecate INDIA in preference to EYE EN DEE EYE alla.
Re: Modi 3.0 - Bharat
Posted: 24 Nov 2024 05:49
by Vayutuvan
chetak wrote: ↑23 Nov 2024 02:34The Hate Story – featuring Pappu Media
A Thread on
The Hate Story – featuring Pappu Media
Pappu Media!
A bastion of intellectual theatrics, where every news segment feels like a sequel to Game of Thrones—minus the dragons but with all the fire-breathing. YouTube has now become their amphitheater of absurdity, where Adani’s indictment is dramatically crowned the “biggest scam in Indian history.” Apparently, this single event is set to topple governments, split the heavens, and usher in the long-awaited Rahul 89.0—India’s answer to an operating system update nobody asked for. Bravo, truly.
Re: Modi 3.0 - Bharat
Posted: 24 Nov 2024 09:03
by vijayk
Bella @runjhunmehrotra
BJP went from sabka saath, sabka vikaas to “ek hai toh safe hai” and “batenge to katenge” within 4 months and the results are here for everyone to see. Imagine what can happen if waqf, over population(of a particular community), illegal immigrants, etc are taken care of
Modi/Shah better understand this. We are running on very little borrowed time. Even lesser time than whites in Europe
They need to take out BDs and Rogniyas ... I would even fund billions to strengthen RSS/Bajrang/VHP via private routes
Re: Modi 3.0 - Bharat
Posted: 24 Nov 2024 10:37
by chetak
Watch to see how the white man tried to bury all opposition by slyly bypassing protocols and tried to ram the agreement down the throats of affected countries by sheer deceit
These are the very same mofos who clamor for an FTA with India while using sanctions, accusations of fascism, diminish our democracy, and support insurgencies inside India in the name of "democracy and free speech, change our "demographics" by rampant conversions, and repeatedly attempt regime change
The climate justice activists are outraged at how little money is being offered by the most polluting nations to countries most severely affected by climate change, while the rich countries refuse to accept and pay for the historic climate change debt they incurred
India Rejects COP29 Climate Finance Deal, Calls It "An Optical Illusion"
Nov 24, 2024 #cop29 #cop29azerbaijan #climateaction
India has rejected the $300 billion global climate finance deal adopted at the COP29 Summit in Baku, Azerbaijan, expressing disappointment over the lack of commitment from developed nations.
Indian representative Chandni Raina criticized the agreement, calling it insufficient to address the scale of challenges faced by developing countries.
Supported by nations like Nigeria, Malawi, and Bolivia, India argued that the deal falls far short of the $1.3 trillion demanded by the Global South, undermining the principles of equity and shared responsibility.
Developing nations remain frustrated by the reluctance of wealthier countries to meet their climate obligations.
Re: Modi 3.0 - Bharat
Posted: 24 Nov 2024 11:31
by chetak
This is it.
Waqf board is history.
Thank you Maharashtra and Haryana for making this happen.
Re: Modi 3.0 - Bharat
Posted: 24 Nov 2024 19:17
by Cyrano
When global south's voice becomes stronger and balance of power changes the narrative of climate emergency will disappear like the snow under the polar bears' feet. In 3-5 years max.
Re: Modi 3.0 - Bharat
Posted: 24 Nov 2024 21:05
by Supratik
Bhupendra Yadav should become the next BJP President. He has delivered stunning victories in MP and MH. The Shinde-Fadnavis combination should not be disturbed in MH. Fadnavis is young and can become CM of Vidarbha when that happens.
Bella @runjhunmehrotra
BJP went from sabka saath, sabka vikaas to “ek hai toh safe hai” and “batenge to katenge” within 4 months and the results are here for everyone to see. Imagine what can happen if waqf, over population(of a particular community), illegal immigrants, etc are taken care of
Modi/Shah better understand this. We are running on very little borrowed time. Even lesser time than whites in Europe
They need to take out BDs and Rogniyas ... I would even fund billions to strengthen RSS/Bajrang/VHP via private routes
Modi / Shah understand this, but do Hindus understand this? See the results in Jharkhand
Re: Modi 3.0 - Bharat
Posted: 24 Nov 2024 22:07
by KL Dubey
Cyrano wrote: ↑24 Nov 2024 19:17
When global south's voice becomes stronger and balance of power changes the narrative of climate emergency will disappear like the snow under the polar bears' feet. In 3-5 years max.
Please read carefully. These 150 words below are worth more than long posts.
1. Climate change due to anthropogenic carbon emissions - and resultant global emergency - is very real. It is not a "narrative". India will be one of the hardest-hit nations, including disruption of the monsoon patterns.
2. At the same time, the developing world suffers "energy poverty", i.e. no cheap energy sources, only recourse is fossil energy.
3. The west has dominated/dictated the "narrative" on how to solve the climate crisis, i.e. the what, when, how, and who (including who will pay for it) - with approaches that are increasingly unacceptable to the developing world.
4. If the "global south"/BRICS become stronger and are united in reshaping the narrative on how to solve this, then there will an equitable path to solving climate change.
India's rejection of the COP offer is related to #2-#4, not #1. India under Modi sarkar will instead hopefully become a world leader in equitably combating climate change and carbon emissions, using all routes available.
Cyrano wrote: ↑24 Nov 2024 19:17
When global south's voice becomes stronger and balance of power changes the narrative of climate emergency will disappear like the snow under the polar bears' feet. In 3-5 years max.
Please read carefully. These 150 words below are worth more than long posts.
...
@KL Dubey ji, Thank you thank you thank you for small mercies.
Re: Modi 3.0 - Bharat
Posted: 25 Nov 2024 00:46
by Cyrano
I'm challenging #1 which itself is a scam and IPCC which is yet another brainless and corrupt UN organisation has done a lot to mainstream it over decades.
Re: Modi 3.0 - Bharat
Posted: 25 Nov 2024 00:49
by Vayutuvan
Cyrano wrote: ↑25 Nov 2024 00:46
I'm challenging #1 which itself is a scam and IPCC which is yet another brainless and corrupt UN organisation has done a lot to mainstream it over decades.
Cyrano gaaru, if you cannot do it in 150 words or less, then you will be sushed by braffesor jees.
Re: Modi 3.0 - Bharat
Posted: 25 Nov 2024 01:14
by Cyrano
Vayutuvan garu,
There is a thread in SE&T forum on this topic. I'm not arguing on this #1 (religion actually) with anyone anymore. A certain famous quote of Mark Twain comes to mind.
