India News | TMC Demands PM Modi's Statement on Adani Issue

Kolkata, Nov 21 (PTI) The Trinamool Congress (TMC) on Thursday demanded a statement from Prime Minister Narendra Modi regarding charges of alleged bribery and fraud filed against billionaire Gautam Adani in the United States.

Adani has been charged by US prosecutors for allegedly being part of a scheme to pay USD 265 million (about Rs 2,200 crore) in bribes to Indian officials in exchange for favorable terms for solar power contracts.

Also Read | Sanjay Murthy Takes Charge As CAG of India: President Droupadi Murmu Administers Oath to Newly Appointed Comptroller and Auditor General (See Pics and Video).

Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than USD 2 billion profit over 20 years.

"Earlier too, there have been reports about irregularities against the group. Now, this charge by US prosecutors is a major allegation. I think Prime Minister Narendra Modi should come out with a statement on the issue," TMC state general secretary Kunal Ghosh said.

Also Read | Latest Government Jobs Notifications: National Institute of Ayurveda Invites Applications for 31 Vaidya, Pharmacists and Other Posts, Apply Online at nia.nic.in.

US law allows the pursuit of foreign corruption allegations if they involve certain links to American investors or markets. The Adani group has not yet responded to requests for comments.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)