Watch// Rahul Gandhi commenced his press conference by showcasing a full-page coverage from the Financial Times, a prominent London-based newspaper. This coverage, prominently displayed during his address, featured damning allegations against the Adani Group, intensifying the accusations against the conglomerate.
New Delhi : In a scathing address at the AICC headquarters, Congress leader Rahul Gandhi has made serious allegations against the Adani Group, claiming they’ve orchestrated over-invoicing in coal imports, costing the public a staggering sum of Rs 12,000 crore in electricity rates.
Rahul Gandhi wasted no time in attacking Prime Minister Narendra Modi, urging him to address the Adani controversy by launching a comprehensive investigation and defending his integrity.
“Why is the prime minister silent on this issue? I am merely offering assistance by requesting an investigation. He should step forward to clear his name,” insisted Gandhi.
Backing his claims with evidence, the former Congress chief brandished a recent Financial Times report during the press conference, indicating that the Adani Group seemed to have imported coal at exorbitant prices significantly above the market value.
Gandhi contended that, as per this report, the Adani Group deliberately inflated the costs of coal imports, siphoning off a colossal Rs 12,000 crore from the public. Allegedly, coal was procured from Indonesia at one price, but upon reaching Indian shores, its value mysteriously doubled, according to Gandhi’s assertions.
Gandhi maintained that this dubious over-invoicing was exerting a detrimental impact on electricity rates across the nation, leading to higher bills for consumers. He also expressed his disbelief that such a revelation, which would typically result in governmental upheaval in any other country, was met with inaction in India.
“Adani seems to enjoy complete protection from the government. The question everyone’s asking is, who’s really behind this?” Gandhi pondered.
This isn’t the first time the opposition has raised concerns about the financial dealings of Gautam Adani’s conglomerate. Previously, a US research firm, Hindenburg, had alleged “irregularities” and accused the group of stock price manipulation.
The Adani Group, however, has steadfastly denied all the allegations put forth in the Hindenburg report and insisted that they’ve committed no wrongdoing. As of now, there has been no immediate response from the group regarding these fresh allegations.
