Adani group, an Evil corp?

Gautam and Sagar Adani are accused of persuading investors to buy their company’s bonds by misrepresenting “ that Adani Green had a robust anti-bribery compliance program but also that the company’s senior management had not and would not pay or promise to pay bribes.”

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His compliance program is probably scrawled in crayon, with "No Bribes, Promise " underlined three times, and Modi's signature at the bottom like a gold star from daddy. Real professional. What is this, Paul Allen’s business card?

These are power games. If you are still thinking in terms of 'rules' and 'right and wrong', consider yourself on the losing side.

4th Rule from 'Rules for radicals': "Make the enemy live up to its own book of rules."

Adani is just a pawn. This real target is India's larger political ambitions. They want to stay in the kids pool.

Patrick Bateman said:

His compliance program is probably scrawled in crayon, with "No Bribes, Promise " underlined three times, and Modi's signature at the bottom like a gold star from daddy. Real professional. What is this, Paul Allen’s business card?

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He only has to pay bribes because there is an opposition government in those states. If Modiji worked harder in elections Adani would not have to go through this.

dpandey said:

Adani is just a pawn. This real target is India's larger political ambitions. They want to stay in the kids pool.

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dpandey said:

These are power games. If you are still thinking in terms of 'rules' and 'right and wrong', consider yourself on the losing side.

4th Rule from 'Rules for radicals': "Make the enemy live up to its own book of rules."

Adani is just a pawn. This real target is India's larger political ambitions. They want to stay in the kids pool.

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I am with you on that in the big picture. I have no expectation of morality from amoral corporations and nation states either. But if a corporation must lead India's political ambition, it should at least be a financially well managed one - instead of one seeking mindless up leveraging, held back only by the likes of short seller and the US DOJ. And India has a few well managed ones who could easily be "chosen" by India's deep state, instead of a "lala" firm, as they call it. No caste disrespect intended to anyone.

Neotheone said:

I am with you on that in the big picture. I have no expectation of morality from amoral corporations and nation states either. But if a corporation must lead India's political ambition, it should at least be a financially well managed one - instead of one seeking mindless up leveraging, held back only by the likes of short seller and the US DOJ. And India has a few well managed ones who could easily be "chosen" by India's deep state, instead of a "lala" firm, as they call it. No caste disrespect intended to anyone.

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Yeah the problem is they are getting caught, not just Adani but the R&AW failures in recent times. To play the same game as the big players, you have to get to their level first. Our intelligence agencies tried to do it all Bollywood style without the expertise. And Adani now got caught with an excel sheet of bribes, it's just laughable incompetence. Indian agencies will 100% try to catch American companies this way if they could, like they raided BBC for tax evasion. But they don't make such amateur mistakes.

Kilroyquasar said:

https://twitter.com/x/status/1859502286919094504

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US doesn't have a problem with his deals. Remember how they helped Adani with the Haifa deal. Over a year back I posted here about the behind scenes dancing going on to ensure Adani got that deal.

This is just another bunch of accusations where USG had its arm twisted by interested parties to go after Adani.

Meaning some has done all legwork and presented and obliging USG to get this bogus charge filed

And as usual people are ready to condemn

No evidence needed. Whisper campaign is enough.

blr_p said:

US doesn't have a problem with his deals. Remember how they helped Adani with the Haifa deal. Over a year back I posted here about the behind scenes dancing going on to ensure Adani got that deal.

This is just another bunch of accusations where USG had its arm twisted by interested parties to go after Adani.

Meaning some has done all legwork and presented and obliging USG to get this bogus charge filed

And as usual people are ready to condemn

No evidence needed. Whisper campaign is enough.

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This is very much a USG thing. Or at least, a faction of it. The USG is anything but a coherent entity with different schools of thought often competing for influence.

The Adani case just can't be seen in isolation, especially as it comes just after Canada went to the extent of naming Modi in the Nijjar case.

Similarly, beyond India, it's telling that the US authorized Ukraine to use missiles it provided on targets within the Russian border.

Seen in the context of Trump's impending inauguration, it's clear which faction of the current USG is going all in on a 'poisoned chalice' strategy. The next two months will be interesting.

eternoMind said:

This is very much a USG thing. Or at least, a faction of it. The USG is anything but a coherent entity with different schools of thought often competing for influence.

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Fair, so Adani will have to beat these charges before the more sympathetic factions can lead.

I doubt it was treasury officials on the us taxes that put this case together. I'm saying some one else already did the legwork and then made usg file a case as the law states

eternoMind said:

Seen in the context of Trump's impending inauguration, it's clear which faction of the current USG is going all in on a 'poisoned chalice' strategy. The next two months will be ininteresting.poison

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Poisoned chalice is an interesting metaphor. But there ways around most things

So these US courts / Hindenburg are combating India's political ambitions by targeting Adani right?

Just Adani.

So much sympathy and support for this scumbag? For what?

swatkats said:

So these US courts / Hindenburg are combating India's political ambitions by targeting Adani right?

Just Adani.

So much sympathy and support for this scumbag? For what?

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Brainrot. No other explanation needed.

Just to be clear, I have personally boycotted Adani products in all categories available.
I am making sure none of these Scumbag-related company products are at home, including Fortune products.
Buying products from such companies is what we believe supporting such guys and approving of what they are doing is right.



Adani Group CFO Jugeshinder Robbie Singh on November 23 admitted that the company was aware that something was afoot, however, it came to know of the specificity related to one contract of Adani Green only two days ago.

blr_p said:

Fair, so Adani will have to beat these charges before the more sympathetic factions can lead.

I doubt it was treasury officials on the us taxes that put this case together. I'm saying some one else already did the legwork and then made usg file a case as the law states

Poisoned chalice is an interesting metaphor. But there ways around most things

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Yet to read in-depth into the issue but looks like the investigation was a couple of years in the making, by the SEC. All the more reason why the timing is suspect.

There's always an off-ramp. Trump might and probably will use this to drive a hard bargain on trade issues. But it's a 'poisoned chalice' in much the same way Oct 7 and Israel's retaliation put in cold storage MbS's plans for Saudi-Israel ties.

We should thank the heavens Kamala didn't win. She belongs to the less-pragmatic/more ideological faction of the USG and would've gone to town with this issue.

blr_p said:

US doesn't have a problem with his deals. Remember how they helped Adani with the Haifa deal. Over a year back I posted here about the behind scenes dancing going on to ensure Adani got that deal.

This is just another bunch of accusations where USG had its arm twisted by interested parties to go after Adani.

Meaning some has done all legwork and presented and obliging USG to get this bogus charge filed

And as usual people are ready to condemn

No evidence needed. Whisper campaign is enough.

Click to expand...

eternoMind said:

Yet to read in-depth into the issue but looks like the investigation was a couple of years in the making, by the SEC. All the more reason why the timing is suspect.

There's always an off-ramp. Trump might and probably will use this to drive a hard bargain on trade issues. But it's a 'poisoned chalice' in much the same way Oct 7 and Israel's retaliation put in cold storage MbS's plans for Saudi-Israel ties.

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seems a case filed to do some kind of damage, not get a conviction anytime soon. there doesnt seem to be any point in filing it 2 months prior a likely departure from the DOJ. it clearly doesnt appear to be a case that was 'constructed' over a few weeks but probably over a longer period of time & again apparently primed as usual before the beginning of the parliamentary session here. all their useful idiots here had started their co-ordinated howling from the wee till the market trade opening hours which had the intended effect. perhaps the hope is to attempt scuttling the passage of important bills such as the oncoming waqf amendment bill to be tabled. or to 'punish & prevent' adani for/from shutting-off the power & preventing the BeeDi 'chief advisor-e-puppet' from operating his electric toilet (though India continues to pump power to them from govt power-producers but that is also slowly tapering out due to non-payment of bills). or perhaps it is more of an angry parting shot from people in the DOJ (to adani who congratulated trump perhaps too soon & offered to create 15k jobs in america?), even if powerless to influence anything now. or/and its the DS trying to make sure that India keeps it's nose out of the UKR peace-process & let the war go on as well as also not strangle the BeeDis too much. all-in-all its a deeper amreeki game being played out on a much broader front now & the reasons for the attempted arm-twisting will become clearer as the days go by.

also, on the extradition nonsense....does the below seem connected? (see it in the light of how america has always repeatedly refused requests for extradition of david headley to India). the incoming AG pam bondi & the trump-team need to be approached about this matter. no Indian govt is going to entertain the plea:

Having lost his legal battle in all the lower courts, Mumbai attack accused Tahawwur Rana, a Canadian national of Pakistani origin, has now knocked on the doors of the US Supreme Court against his extradition to India.

India has sought Rana’s extradition for his involvement in the 2008 Mumbai terror attack. Rana had last reached out to the US Court of Appeals for the North Circuit in San Francisco after losing the legal battle in lower courts and several federal courts.

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eternoMind said:

The Adani case just can't be seen in isolation, especially as it comes just after Canada went to the extent of naming Modi in the Nijjar case.

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and now:

swatkats said:

So these US courts / Hindenburg are combating India's political ambitions by targeting Adani right?

Just Adani.

So much sympathy and support for this scumbag? For what?

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Why do you hate him?

I support his right to get rich like anyone else in this country

eternoMind said:

Yet to read in-depth into the issue but looks like the investigation was a couple of years in the making, by the SEC. All the more reason why the timing is suspect.

There's always an off-ramp. Trump might and probably will use this to drive a hard bargain on trade issues.

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Trump could use it for leverage. But it will seem familiar and he might even be sympathetic to Adani over this witch hunt.

When you mentioned timing, i was thinking waning few months of a democrat administration so better get stuck in. Takes time to build a case.

I wonder who has it in so badly for Adani. He's not stealing any Americans lunch here.

Who benefits from him being taken down a peg or two?

US bribery charges linked to only one contract, comprises 10% of business: Adani Group CFO
Adani Group CFO Jugeshinder Singh of the ports-to-power conglomerate sought to defend the allegations, saying none of Adani's 11 public companies are subject to indictment or are accused of any wrongdoing in the said legal filing.

blr_p said:

He's not stealing any Americans lunch here.

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US Department of Justice (DOJ) alleged that Adani and seven of his associates, including his nephew Sagar Adani, promised Indian officials more than $250m in bribes to secure energy contracts being funded by international investors, including some from the US.
The charges include securities and wire fraud, alleging the Adani Group lied to US investors about its anti-bribery practices.
SEBI is also investigating the group on whether Adani group breached rules requiring the disclosure of market-sensitive information, focusing on Adani Green Energy Ltd’s handling of a US Justice dept probe in to bribery allegations.

Now, a new twist in the case, in India:
In a case by Vishal Tiwari, petitioner requested
two critical documents—the U.S. court indictment and the SEC’s complaint—be included in an ongoing case, alleging stock manipulation by the Adani Group.

Adani being a super billionaire, don't need support by anyone. But, truth may need support from 'Daridra Narayanas' of India.
Because bribes will add to the cost of projects for which people have to pay in form of utility bills. So, let truth win, even if it's petitioners or whether it's Adani.

Long post
Next cycle of Adani attack after the 15-Nov expiry of Hindenburg contracts.

Why Adani every time? Told you before also they want to stop the strategic port assets which is under their kitty. Critical to India's maritime & trade security, but a blow to their nefarious trades going on since centuries (you know what is being hinted here).
2. With Adani they bring down the stock market & will somehow want SEBI dragged into it. The target is its chief Madhabi Puri Buch.
Opposition will be only limited to this aspect. Won't explain again as it has been predicted before multiple times in detail. You can go to old posts & read.

Why now?
To understand any news always visit primary source, in this case - US' Department of Justice website -

Read this excerpt from para 6 & understand how secure are your Western gadgets & tools -
"....The defendants frequently discussed their efforts in furtherance of the Bribery Scheme, including through an electronic messaging application. The defendants also extensively documented their corrupt efforts: for example, Sagar R. Adani used his cellular phone to track specific details of the bribes offered and promised to government officials; Vneet S. Jaain used his cellular phone to photograph a document summarizing various bribe amounts the U.S. Issuer owed the Indian Energy Company for its respective portion of the bribes; and Rupesh Agarwal prepared and distributed to other defendants multiple analyses using PowerPoint and Excel that summarized various options for paying and concealing bribe payments (Bribery Analyses).
All your bunkum that x mobile phone is very secure & hence costly, y mobile focuses on encryption & data safety is best there, meets its nemesis. Every gadget/app/tool that's not made in your country is susceptible to snooping on you. Once you use any tool/app/gadget & take it on internet, *all your security is gone*. There's a reason why best of these apps are free, & a false hype around those gadgets created. And no matter what you are deleting digitally, *nothing ever gets deleted*. Removing digital footprint is impossible. These were big honchos, weren't using any sasta handset for sure.

Now read quoted post & you will understand timing. But this is just 1 factor. The timing here is important as the aim here was not domestic, else this exposé would have come 24 hours before, during Maharashtra elections. It has come after elections have commenced & before results. Which project was a major poll issue & raised by whom. So what are the results?

Go to Press Release section of MEA & see the visits PM is doing. For the uninformed, such visits are always about Modi "enjoying" foreign trips. These are very carefully charted & critical. Map these countries on a world map & connect the events they are embroiled in & how India is connected into it. You will understand why these visits are happening -
We are mediating in some of their conflicts which won't be of US' liking. Before departing Dems will spoil things whether it is this issue or giving green signal to Ukraine to use its weapons & strike on Russia. It's puppets in India (remember pappu was writing letter to Kamala) & abroad will jump to attack Adani. It's scripted. Kenya has cancelled contracts with Adani group, which are important for India. More will follow. This is armtwisting.

Another timing is winter session of the parliament. One more session will witness opposition ruckus as they know WAQF bill will now be placed as counter.

So don't bother over the social media/right-wing rhetoric that opposition ruled states were involved, they are non-BJP states etc., the real concern for common man should be to quickly transit to Indian products asap, especially digitally.

50+ years full hands on IT, We have produced nothing significant for us and the world. Only IT slaves exist and more needed according to Murthy, this its a proof Indians are incompetent at everything. Now everyone here thinks they're experts in International politics and defend corrupt billionaire without a shame.
1.4 billion people, but only Adani can save national interest and is irreplaceable ? The fact that He & his family got caught and damaged India's reputation is enough to replace this cartel with more competent leadership.

Pratikh said:

your bunkum that x mobile phone is very secure & hence costly, y mobile focuses on encryption & data safety is best there, meets its nemesis. Every gadget/app/tool that's not made in your country is susceptible to snooping on you. Once you use any tool/app/gadget & take it on internet, *all your security is gone*. There's a reason why best of these apps are free, & a false hype around those gadgets created. And no matter what you are deleting digitally, *nothing ever gets deleted*. Removing digital footprint is impossible. These were big honchos, weren't using any sasta handset for sure.

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China Wiretaps Americans in ‘Worst Hack in Our Nation’s History’(USA)
"The hackers were able to listen to phone calls and read text messages, reportedly exploiting the system U.S. authorities use to wiretap Americans in criminal cases. The worst part? The networks are still compromised and it may take incredibly drastic measures to boot them from U.S. systems."

Darth Vader said:

enough to replace this cartel with more competent leadership.

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This is the bigger problem, there are no competent leadership from other parties.