Charges against Adani & Indian states esp Andhra in US indictment, how laws work,larger implications
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- Опубліковано 21 лис 2024
- A US court Wednesday indicted Gautam Adani and six others in the Adani Group for allegedly ‘offering’ bribes to several Indian state govt officials for electricity sales. In Episode 1557 of Cut The Clutter, Editor-in-Chief Shekhar Gupta & Deputy Editor (Economy) Sharad Raghavan discuss why the allegations and what it means for the conglomerate going forward.
Read the indictment here: www.justice.go...
www.sec.gov/fi...
Read ‘As US SEC refers to Jagan in Adani complaint, why Naidu’s TDP hasn’t yet launched an offensive’ here: theprint.in/po...
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Imagine the corruption in India where non-biological teleprompter feku openly supports him. His wealth grew 1225% and BJप assets grew from 700 to 6046 Cr in 10 years! For comparison Congress assets in 75 years is 805 Cr.
A
Thank you Jagan Anna for international reputation
Dont say anything about adani tho lol
Andh bhakt spotted.
U r Not thanking our great leader Mr Modi ji for international fame😂
@@Thoughtflux mandbuddhi pappu's night soil eater spotted.
Just remembering Pawan Kumar's Bye Bye Jagan during Election Campaigning
The alleged bribe of 1750 crores offered to AP govt in 2021. Then YCP party was ruling and Jagan mohan reddy was CM. An enquiry should be ordered.
Countries most corrupt Ex-CM of India 420 Jagan Reddy
lord balaji @work
Man all the alleged sates are congress ruled or congress ally 😊@@ManI-p5g
The ruling party is NDA, if they go against Jagan then they're indirectly going against adani.
This wont happpen.
Would be interesting to see what CBN does.
Yes. A comprehensive one.
Sir, FCPA applies to any company which is an "issuer" of securities in US. So Indian company raising money from the US (e.g. Infosys, Cognizant) will be covered by FCPA
We & M Have to Save Adani to Save Our Bank Account Money From Turning NPA .. PLEASE
@@billubadshah897 This is new form of chamchagiri 😂😂😂
SEBI can Take Action on Adani for Not Disclosing FCSA Initial Charge in October ?
Any one CAN action but NO ONE will do it.
COZ WE HAVE (CURRUPT PARTY OF INDIA) RUNNING THE GOVT FOR THEMSELVES
KGF, pushpa, jagan not state, national but international business personalities 🤦
PAndhuli mepikune kunikoru dacoits
So FBI has access to phones and emails of Indian businessmen????
Interesting!!
Anyone doing business in US is legally fair game for FBI.
@@siddharthgoyal4008anyone on the earth.
If you watch the movie 'Snowden' about the whistle blower Edward Snowden it will show the amount of data the NSA and CIA has over the whole world.And this is the case in 2013.God knows what they are capable of now 11 years from that time.
The point it he is corrupt. Imagine the corruption in India where non biological teleprompter puppet openly supports him.
His wealth grew 1225% and BJप assets grew from 700 to 6046 Cr in 10 years! For comparison Congress assets in 75 years is 805 Cr.
Why did Adani Energy not report that it was being investigated to SEBI? The credibility of SEBI as a market regulator has gone down in the eyes of Middle class doing SIPs and FIIs. As nobody invests in a crocked stock market practicing crony capitalism.
Then don't invest in the market ohh sorry you are poor you can't even purchase a single share 😊
A man sitting in US threatens indian airlines is allowed to roam free without consequences and an incident happened in India is taken up so proactively in the name of investor protection. This has western double standards written all over it.
Not true. Anyone making a specific threat is subject to arrest.
Consequences of worshipping money
Only on print is the actual case and indictment clearly described. Everywhere else they are talking complete nonsense ... Blaming and shaming according to party lines.
Baba Modi had full knowledge of all this and gave his blessings..
if adani is innocent then he should go to US and face the trail !!! what is he afrais off.😂😂
FBI had to do the job because ED, CBI were busy raking mud on opposition party leaders.
At least now SEBI should investigate because Adani has lied to Indian investors also.
You can expect a *"slap on the wrist"*
All cLindus are corrupt and bribe each other. It’s in their dna
@@SnowfallApp So you are basically happy that some foreign intelligence agency has been bugging phones of your fellow Indians?
You all sound so naive.
@@ThePolymerisst your problem is not justice and punishment, but criminals phone should not be bugged? 😂😂😂 Go stop it. 😂😂😂😂
@@ThePolymerisstsir BJP has bugged all journalist and opposition leaders which is illegal, however US has confiscated based on valid warrant why the people visited US
Adani is brining disrespect to India . He should be banned from doing business and arrested immediately.
On what charges?Being indicted by a US court?
Lobbying and Bribing, are the same thing.
I was waiting to see Shekhar's defence of Adani as he has done twice in CTC before😊
sad t see guptaji dismissive nature initial few minutes once he understood severty he kept quiet and got it.
అక్కడ కూడా మన డామినేషన్ 🪓🚽🐓🔪
I am nri living in usa from 10 years , i will no longer invest in india equity markets from now on. Lost trust on sebi
Oh man.. Indian stick markets are going to crash.. oh my lord.. jallapavan with his 600$ inverstments will take it elsewhere
All nri should be deported to India as they proudly call themselves nr indians
Most regulators have little stomach for taking too much of an active role. I don't think SEBI is beyond the normal SEC is somewhat better but not by much. As for investing India at 22x earnings you're okay but I wouldn't count out in the long run inspite of political and regulatory environment. There will always be scumbags and Adani is definitely one. But they're everywhere, your president for one is one.
Just now?
@@awesome9kthe problem becomes acute when the PM is in hand and glove with corruption.
Another banger from the Department of Justice !! Love it. The guys at DOJ have got balls to go after big guys, unlike indian prosecutors. God bless the USA.
Wait for 2 month when Trump takes over, abhi uska hisab baki he in Newyork chuityio se, he will fire these attorney, replace these judges, launch investigation against current DOJ
lol 😂 we have seen DoJ balls with Trump cases Mr.Genius, so was with Elon Musk and Hunter Biden ones, this has more to do with pressurizing india to ditch its strategic autonomy slogan and come under western camp!! It’s a process started from buying Russian oil, then hug with Putin and not condemning Russia, now peace talks with China all goes against interest of US!! This is why you see Bangladesh regime change, indictment of Pannu and now Adani, Hindenburg reports and human rights concerns 😂😂 all part of the plan Genius
Dear Adani thank you for international reputation
Good job FBI.
CBI should touch FBI feet and learn from them.
Adani green energy had an agreement with central government PSU SECI to sell to them expensive power. This PSU is expected to sell to state electricity departments. The BJP states agreed as they got a phone call while opposition states took their pound of flesh. In both cases we paid for the expensive power.
The BJP's response is outrageous. They are behaving as if GoI is responsible only for what happens in BJP ruled states. Look at them arrogantly pulling up non-BJP state names who signed contract. But they don't have the courage to name Adani or sack Buch.
Great CTC Big Thanks to Both of You 👍👍 In Next Episode We Surely will be Looking Forward For Revealing the Amount Contracted (Price Percent Unit / Megawatt) with SECI which Was Contracted with Adani Green
Since u are ready the indictment please read the part where it talks about sagar adani intelligence. He kept a detailed list on his device of all the bribes n who they paid how much well done sagar for showing how smart you are was ur phone wiretapped
Good. Adani should be charged. If Indian authorities won't do it at least US will. If you want to be part of global business better be careful.
Believe me, there is nothing to celebrate here. Indian crimes should be investigated in India. When we let others do it, we give away little bit of our sovereignty.
Advani’s Media Statement is also a lie.
Thanks SG for discussing with no bias. The Main Stream Media is already busy defending Mr A and criticizing the US law.
S.G 😮 WE 😮 N.M Have to Save Our Money in Ac from Turning NPA
well the accused for India is not Adani - for USA he might be. The first accused in India are those who demanded billions of rupees of bribe from him and those are Congress / DMK / YSR congress. Loooong before Adani they should be jailed if allegations are proven.
@neilbhatt7096 ED Will Stop All Discussion # Save Adani and Save Our Banks from Turning Red with Adani NPA Loans
@billubadshah897 watch it. Congress will itself stop talking about it when their names start popping up in this morass. Give it time bud.
Now Modi and Shah will appoint Salve to fight this case 😂
Thanks for detailing. It would be interesting to see the role SECI in this episode, as being a nodel agency for tendering, how they conducted themselves and who was behind their moves.
# Save Adani and Save Our Banks from Turning Red with Adani NPA Loans .. # Save Us
Replay of Sathyam computer fraud. Sathyam defrauded American investors. A few people of Indian origin are in US jails. Some have completed their prison time. Are these people making Bhagavad Geeta proud ! Certainly not.
They are making Jagan’s bible proud 😂
It is very revealing that BJP itself is admitting Adani paid bribes,even if to opposition. They are importantly not defending Adani this time,only BJP and India.
Also Mr Patra said 4 states are involved in this but actually 5 states were named,including Jammu and Kashmir😂
its chinese fault again
Level of bias in the comment section is gonna be fun to watch.
with a surname like that we know where you stand!! lol. Bias is in your name buddy.. I know you are itching to abuse Modi
@@jitkr1489 lol. If my surname bothers you, there must be something wrong with your upbringing. 🤣
Too many simps these days. 😂
@@PrajwalDSouza go to church and bad mouth hindus, dsouza.. nothing wrong with my upbringing, but definitely something to do with yours, that it brings out the bigotry against Hindus.
@jitkr1489 what makes you think I go to the church or a temple? Dumbass? 🤣
PS. I'm just saying you have low IQ and saying something is wrong with your upbringing kiddo. you see things as black and white.
Nothing to do with Hindus. Hindus are awesome. A beautiful religion (also a way of life) with incredible schools of philosophies. Probably one of the few religions ever to have a more non defensive attitude towards "protecting religion" like Christianity and Islam had had. Beautiful stuff.
But you are.. something. Something is seriously wrong with your upbringing.
It is a slap on India system of working. CBI , ED , SEBi have been abused by Modi government.
Paisa finally indian middle class hi dega .Atleast american legal system is coming to save indian middle class
Whatever be the case and howsoever you put it...most unfortunate part is American justice system investigating the corruption that happened in "strong" Indian state and also not without series of such profound allegations against him and his political cohorts. Shameful indeed
Sekhar ji you should also mention unlike in India in US if you get indicted 80% chance you will be found guilty unlike in India where people are put in jail without charge (indictment) and when they finally get charges not even 2% will result in guilty verdict.
Important point of course you will not cover
In US if ur indicted chances are u become president in few months
Well that's because only less than 10% actually go to trial there. Some years less than 2%. The accused settle the case before going to trial. As was mentioned by SG. Especially with what SEC & DOJ is asking for is only forfeiture of bonds(essentially early repayment)and Penalties( In the civil case conveniently - Lower standard of proof) settlement could be likely, with no admittance of guilt. We'll see what happens.
SEBI in India was sleeping
Sleeping pills was given by Modi!!😂
With you mum
They think they can get away with anything like they do it in India. 😂😂😂😂😂
@@vaibhavjain8323 I hope you have prayed before your jain munis before abusing someone's mother. 😂😂😂😂
booch was sleeping with 😂😂😂😂
Excellent analysis and delivery
Indian Intelligence is being tested these days with first the Pannun case and now This😂
Why would Aadani give bribe? Who would dare to accept it?
Fcpa is applicable to everyone. USA company should not deal with corrupt companies overseas.
Rahul Gandhi was thrown out of his house when he alone fought Adani since last few years . This is the height of how our government institutes misused by Modi govt.
If you saw the video you would know that the Modi government is not accused of anything. It's actually all state governments (Opposition) trying to get around the Modi government (SECI).
Adani does not exactly smell of roses.Neither does Rahul Gandhi.
It was a public knowledge and with this why SEBI did not contact SEC?
modi hai to adani safe hai 🎉🎉🎉🎉
“Na khaunga, Na Khane Dunga “
No bjp state involved, ask Stalin, Naveen Patnaik, KCR and Jaganmohan
All the states listed in the chargesheet are either non-BJP states.
@@SanjaySingh-pm8dc get your facts right buddy (forgot J&K?)
@@SanjaySingh-pm8dcSave Adani Save MN and We to Save Our Banks Turning to Red and NPA Loan
@@dip-treeget your facts right. That time j&k was under governorship of satya pal Malik who's with you guys. Not us .
Why does SECI, have to act as intermediary between power sellers and state power companies?
Would the pending Electricity Reforms Act, would have helped? As it was aimed at bringing more competition in the power sector?
To be honest Shekhar Gupta should just let the other guy speak
Adani is pressuring Bangladesh but they are applying pressure on Adani to protect their stooge
😂😂😂 Only plan for Murder
But But But Murder not occurred 😂😂😂😂😂
Kenyan's should hear about this!!!!
Did SECI knew of the bribery back in 2020- 21?
LAUDAGURU 😂😂😂😂
Gujarathi jumla
its all fixed, there are big players who are shorting markets and making money
Ssly
M.N 🎉We 🎉 S.G have to Save Adani to Bank Ac Money Turning NPA
@@sandipmore814Save Adani to Save Our Beloved Money in Bank to Turning
. NPA
Satya Pal Malik seems right when he was talking about 200 cr ..
Is there any evidence??
Ot it's like Canada!!??
Who owns Arvind Garments, that is sponsoring this show partly? Is that not a conflict of interest?
Jagan is now being charged internationally. Even a newborn knows how corrupt he is. How much corruption does a person has to do to meet justice in India.
Don’t come to conclusion without any proper proof. 🤔
May 2019 to Jun 2024 = Jagan was the CM
So the only billionaire who refused to pay protection money to Wokists and South Asian studies departments at Harvard and Stanford unlike Ambani and Mahindra is indicted , got it 😂.
Whatever be the specifics of this case , events and issues against India and Indian entities have increased in the recent past. All emanating from the west , all from western Christian nations , in a seemingly concerted , organised effort . So,what conclusion arises in the minds of an ordinary Indian , who loves his country .
That Indian companies that want to go West cannot use business practices. that are ok in India. Govt. bodies and the Western legal system are much tougher than here.
Adani is the most honest person in India.
Modi ji is the most truthful person in India.
Imagine the corruption in India where non-biological teleprompter feku openly supports him. His wealth grew 1225% and BJप assets grew from 700 to 6046 Cr in 10 years! For comparison Congress assets in 75 years is 805 Cr.
abh Modi kahan se aa gaya. Rahul ne tum log ko ache se train kiya hai. bhoko, bhoko
And akhilesh yadav is the most hardworking person in India 🥱
Shame, Trying to cover up Adani
The fact of the matter is that Gautam Adani & others have raised money in US from the US consumers & used these amounts to bribe the officials in India to obtain the Contracts
Great too see the same type of reaction by Modi ji blind supporters i.e. they are not commenting.
They also know that Modi is Adani and Adani is Modi.
Fraud scam gujrati business 😂😂😂😂
the demanders and receivers of bribe are DMK / Jagan and your pappu raja's khangress.
# Save Adani and Save Our Bank Ac from Turning Red and NPA ... only Modi
@@neilbhatt7096Save Adani and Save Us from Turning India Bank becoming RED & NPA
Why is Modi govt protecting Adani . These kind of people are bringing disrespect to India
Can you explain how Modi govt. is protecting Adhani?
Adhani group is working on several big infrastructure projects like sea Ports, Airports, energy etc… Govt.. alone cannot build all the infrastructure,India needs someone who can dare to invest on infrastructure. His biggest assets are infrastructure, he cannot run overnight to other countries like V.Malai.
Like GOI protected Bofors in the 1980s?
Adani sold electric to Bangladesh.
Bangladesh should cancel all contract with Adani.
They should clear their debt first.
FCPA = Foreign Currency Practices Act
You guys need to brush up the basics
It is the law. US companies are expected not to defraud elsewhere.
Foreign Corrupt Practices Act. It has nothing to do with foreign currency.
Adani is so honest that he can be declared as the incarnation of Dharmaraj.
Modi Ji is so truthful that he can be declared as the incarnation of Harishchandra.
Except he is not born biologically. Raja HarishChandra was born biologically
George soros plan after failing Kamala😂
I said it earlier as well but want to say again - Shekhar further clutters the issues rather than making it easy to understand. And that’s because he thinks experience has an edge!!
Please stop!!
Mr. Sheker is always side with crocs & cronies & autocrates around the world. After siding with our last autocrat PM Hasina, I have have no respect on the Print & Shekor. The print Day by day becoming a hardcore GODI media. Why just Mr. Sheker cannot tell just do JPC in India?
You guys are too excited but you should be reminded that NYC has topmost Defense attorneys Adani group would hire. These legal defense firms will trounce SEC govt prosecutors on any day specially if the evidence is obtained is in India and defendants are in India. In the end it will be a payoff as fines in worst case.
Payoff or not, the re put ation is tar nished. Investors will be scared to invest in Adani companies
to hire Adani need to visit US and he will be arrested. he cnnot move out of India now. His phones are tapped.
Thank you.
Stock Market down
Consumer demand down
Jobs down
Law & order down
Only one person is being pushed up
Whenever indian pm travels, adani gets a contract. Why no media showing this. Sri Lanka president even gave a statement he was facing pressure to select adani.
Mohammad jinnah
@@aparnagadde-f1tanother modi ass licker
Uncle Gupta ji your quote , “allegedly”, “allegedly “ is missing here?.
Andhra means Jagan lol why can’t we be specific. Is that why Jagan’a cases are all pending?
Even Sambit Patra couldn't say his name even if he named Bhupesh Baghel 😂
Godi
LONG LIVE AMERICA 🇺🇸
For they that sleep with dogs, shall rise with fleas.
It's an interesting thing to note that no developed country will tolerate corruption within its own borders, but very few of those countries will endeavour to make sure that their citizens are not connected to illegal activities in other countries. The French are notorious for turning a blind eye, especially in the business world, to their citizens and companies engaging in bribery and corruption in foreign countries to secure deals that benefit the French economy.
Digest that paragraph for a second. Now consider why there are no large scale US or UK companies doing business in India. Consider why the French Mirage and Rafale jets were procured for the IAF. Consider why India continued to buy sub-standard Soviet and then Russian weaponry and aeroplanes when it was more than obvious that this was to the detriment of India's security. Now, take those accusations at face value and follow the money trail - it will be quite easy to discover all those officials on modest government salaries who are now living in the lap of luxury. Ask all those officials to show and prove how they obtained their money and wealth.
Unless India gets serious about dealing with corruption it will never become a developed country.
Godi godi
@ SR @ SG, at least try to pronounce Adani correctly and not as some foreigners. It’s so annoying to hear how you say Adani. However, the content is good and decluttering.
Not everyone has to be a Gujarati, we'll pronounce it however we like, Adani is not our Dad.
Kammas pataka phoding...
This man is RSS, BJP dalla, not a journalist anymore
bhukha piyasha nangga fekus thinks they have become bishwaguru lol
usa ka lora kuch nahi kar payega
This is the why Indian Media was mocking Canadian people last year about their pension funds getting devastated if India discontinues their investment in Indian companies.
A thief always claims to be innocent.
Nepotism Max Pro
High time Modi govt legalizes bribery & corruption. Modiji will never let anything happen to Adani ji.
Shekar seems to think bribery is ok. He’s so BJP! He’s quoting allegedly constantly!!Is he a gujarati puppet? Please be ‘fair’ to adani. Your piece is so biased
Bribes were demanded by and received by Cong/YSR cong/DMK - all these folks bark daily modani/adani but spread their legs behind doors to take it big from Adani.
Do you want him to declare them guilty?
Bunch of modi ass lickers
Mr. Sheker is always side with crocs & cronies & autocrates around the world. After siding with our last autocrat PM Hasina, I have have no respect on the Print & Shekor. The print Day by day becoming a hardcore GODI media. Why just Mr. Sheker cannot tell just do JPC in India?
@mdabdulquader9943 don't strain your little brain
Jagan Mohan Reddy is a very good person, family man, most ethical and moral politician in the history of Democratic republic of India. He is the next prime minister of India. Please believe me.
Shekhar Gupta appears to be a stooge of Modani ...
**Title: *Modi & Adani: Chronicles of Camaraderie and Capitalism***
1. "From Chai Pe Charcha to Private Jets: The Epic Bromance"
2. "Adani’s ATM: Modi's Political Funding Machine"
3. "The Dharma of Business: Lessons in Spiritual Capitalism"
4. "CBSE Curriculum Proposal: Raja Harishchandra Learns from Adani"
5. "Kashi Vishwanath Mandir Presidency: A Case for Adani"
6. "Middle-Class Dreams, Adani’s Schemes: Who Pays the Price?"
7. "Ports, Profits, and Political Puppetry: The Modi-Adani Model"
8. "Breaking Records or Breaking Backs? The True Cost of Friendship"
Save Adani and MN and Our Bank Ac from Turning Red with Adani NPA Loans
Your sense of humor 🫡
‘Too Big to fall’
So why is US not taking action on criminals getting Canadian citizenship and living in US? I think this is just a hit job like Khalistan farmer protest, kudankullam protest.. This is because of modi not signing deals.
Because as long as there is a specific threat no law is broken. Merely supporting Khallstani issues, taking part in demonstrations, etc., is a matter of free speech and does not break any law.
Nice attempt to cover up I must say!
Mr. Sheker is always side with crocs & cronies & autocrates around the world. After siding with our last autocrat PM Hasina, I have have no respect on the Print & Shekor. The print Day by day becoming a hardcore GODI media. Why just Mr. Sheker cannot tell just do JPC in India?
the reporters look so happy... btw rahul willl not come to power....just saying
I also wish Rahul does not come to power..but whoever rules India mend their ways and become bipartisan to all businessmen and support MSME, apply taxes in an impartial manner and admit to any wrongdoing of any.Thats all is the requirement.
There may be a day when us business people or politicians will be arrested by Indian agencies 😂 and this could be dangerous for corrupt Indian politicians who may be languishing in us jails😂😂
😂world wide conspiracy against Israel and India 😂😂