India’s Parliament suspended after row over Adani charges

DM Monitoring

NEW DELHI: Both houses of Indian parliament were suspended temporarily on Thursday 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 $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 spokesperson Gopal Krishna Agarwal said on Tuesday, adding that the law would take its course.
Earlier, India’s Parliament was disrupted for a third day Thursday by opposition parties protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes.
As Speaker Om Birla convened the powerful lower house of Parliament, opposition members shot up from their seats and crowded the aisles, shouting anti-government slogans. The Congress and other opposition parties have accused the government of Prime Minister Narendra Modi of protecting Adani, an Indian coal magnate. “I don’t appreciate the manner of protest,” Birla said, adjourning the session over the opposition disruptions. The session later resumed but was adjourned for the day with the deadlock between the government and the opposition continuing.
Proceedings in Parliament’s upper house were also adjourned, and the Congress party was unyielding in its stance. The opposition called for a joint committee to investigate Adani’s companies, which include agriculture, renewable energy, coal and infrastructure. Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him a nd seven of his associates with securities fraud, conspiracy to commit securities fraud, and wire fraud.
The charges allege that Adani duped investors in a massive solar project in India by concealing that it was being facilitated by bribes.