“The Supreme To research became aware of the case. As Minister, if the Supreme Court is seized of the matter, it is not for me to comment. But in this, the BJP has nothing to hide and nothing to fear,” Shah said in an exclusive interview with ANI.
The Hindenburg-Adani feud turned into a major political controversy with the Congress and other opposition parties making allegations of patronage and crony capitalism against the government. They raised the issue during the budget session of parliament demanding a joint inquiry by the parliamentary committee.
Opposition parties have also targeted Prime Minister Narendra Modi over the issue.
They asked about the investment of LIC and some public sector banks Adani band. The government has dismissed claims that PSUs and regulators have also released statements about their compliance with standards and compliance with their mandates.
The Center informed the Supreme Court on Monday that SEBI had agreed to form a committee to protect investors’ interests following Hindenburg’s report on the Adani Group.
Solicitor General Tushar Mehta informed a bench of Chief Justice DY Chandrachud that SEBI is fully equipped to deal with the situation which has arisen due to a recent report by Hindenburg Research. Mehta also said that the government had no objection to appointing a committee to suggest how to ensure that investors will be protected in the future. However, he said the committee’s mandate is important because it has international effect and the government will provide the names under seal.
Asked about Rahul Gandhi’s recent speech at Lok Sabha, which was almost entirely about the Adani Group, Shah said it was up to the Congress leader or his scriptwriters which speech he wanted to deliver.
“The speech he wants to deliver is up to him or his writers to think about,” he said.
Reacting to Rahul Gandhi’s allegation of “crony capitalism” against the BJP, Shah said. “There is no doubt. No one has been able to bring such an allegation against the BJP till date. CBI, had registered cases taking cognizance of corruption. There were scams of Rs 12 lakh crore.”
Asked about allegations of Congress and other BJP opposition parties “capturing institutions”, Shah said they should go to court noting that the courts are not under the influence of the BJP.
“Court ‘humare kabze mein nahi hai’, he said.
“Why don’t they go to court? Even when the question of Pegasus came up, I had said to go with evidence to court… They only know how to make noise. Those who approached of the court, the court has taken cognizance of Pegasus and also passed judgment and the investigation has also been conducted,” he added.
Asked about BJP spokespersons indicating there is such a “conspiracy” ahead of the election, he said it was up to them to answer.
“Thousands of conspiracies can’t harm the truth. The truth shines like the sun. They’ve been doing it since 2002 against Prime Minister Narendra Modi. And each time he’s come out stronger, honestly and winning each time more popularity among people,” he said. said when asked if there was a conspiracy following the Hindenburg report and the BBC documentary.
Prime Minister Narendra Modi, in his speech at the Lok Sabha in response to the debate on the motion of thanks to the President, had raged against the Congress led by UPA government at the Centre, saying he turned “every opportunity into a crisis” during his 10 years at the helm between 2004 and 2014. Means PM said UPA’s tenure at the helm between 2004 and 2014 was “full of scams”.