‘Adani Group over-invoiced coal imports, fleecing public’, alleges Rahul Gandhi

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‘Adani Group over-invoiced coal imports, fleecing public’, alleges Rahul Gandhi


Image Source : PTI Rahul Gandhi

Congress chief Rahul Gandhi as soon as once more attacked the Adani Group of over-invoicing in coal imports and fleecing folks to the tune of Rs 12,000 crore in electrical energy charges whereas citing a media report on Wednesday. 

He attacked Prime Minister Narendra Modi and requested him to return clear on the Adani difficulty by initiating a probe into the matter and defend his credibility. He was addressing a press convention on the AICC headquarters within the nationwide capital.

“Why is the prime minister silent on the issue…I am only helping the prime minister and asking him to come clean by starting an investigation and defend his credibility,” Gandhi mentioned. The former Congress chief displayed a latest Financial Times report on the press convention which claimed that the Adani Group seems to have imported billions of {dollars} of coal at costs nicely above market worth.

Gandhi claimed that as per the report Adani over-invoiced coal imports and took out Rs 12,000 crore from “people’s pockets”. Adani purchased coal in Indonesia and when it reached India, its value doubled, Gandhi alleged, citing the report.

Gandhi claimed this over-invoicing of coal was having an affect on electrical energy charges within the nation and resulting in shoppers paying increased electrical energy payments. He additionally mentioned that this story would have introduced down any authorities on the planet however no motion was being taken in India.

“Adani has full protection of the government, everyone knows which power is behind him,” he mentioned. The opposition get together has additionally been questioning the monetary dealings of billionaire Gautam Adani’s Group after US analysis agency Hindenburg alleged “irregularities” and charged it with inventory value manipulation.

The Adani Group has denied all of the allegations made within the Hindenburg report and claimed there had been no wrongdoing on its half. There was no fast response from the group on the contemporary allegations.

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