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?Adani group, an Evil corp?
- Thread starter Pyception
- Start date
" 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.
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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Adani Unit Sold Bonds Hours Before Billionaire’s Indictment
Hours before US prosecutors charged Gautam Adani with participating in a bribery scheme, a unit of the billionaire’s conglomerate tapped the US corporate bond market for a $600 million offering that was more than three times oversubscribed.
www.bloomberg.com
roadrash99
Forerunner
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.His compliance program is probably scrawled in crayon, with "No Bribes, Promise
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.
roadrash99
Forerunner
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.
blr_p
Oracle
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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eternoMind
Herald
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.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.
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.
blr_p
Oracle
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
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?
Just Adani.
So much sympathy and support for this scumbag? For what?
Mr.J
Innovator
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.
www.cnbctv18.com
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.
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 says certain disclosures about bribery probe were made in the US - CNBC TV18
Amid brobery allegations against Gautam Adani and seven other executibe, Adani Group CFO Jugeshinder Robbie Singh has released a statement saying Adani Group has a portfolio of 11 public companies and none are subject to indictment.
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.
eternoMind
Herald
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.
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.
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:
Mumbai Terror Accused Rana Appeals To US Supreme Court Against Extradition To India - News18
Rana had last reached out to the US Court of Appeals after losing the legal battle in lower courts and several federal courts.
www.news18.com
and now:
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blr_p
Oracle
Why do you hate him?
I support his right to get rich like anyone else in this country
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?
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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.
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.
timesofindia.indiatimes.com
Now, a new twist in the case, in India:
economictimes.indiatimes.com
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.
timesofindia.indiatimes.com
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.
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.
Adani setback 2.0: US indictment sends shockwaves across India and world - Times of India
India Business News: US authorities have accused Gautam Adani and Adani Group executives of bribery. The charges involve securing contracts for solar power projects in Ind
timesofindia.indiatimes.com
Now, a new twist in the case, in India:
Gautam Adani: US summons & a new twist in India intensify billionaire's troubles
Gautam Adani's business empire faced a new wave of turmoil as a US court indictment accused him of orchestrating a $250 million bribery scheme. The allegations triggered a stock market plunge, wiping out billions from Adani's fortune, and prompted investigations by Indian authorities and the US SEC.
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.
Adani Group Rs 2,200 crore bribery case: US SEC can't directly summon billionaire, notice to follow 'proper channels' | India News - Times of India
India News: NEW DELHI: The US Securities and Exchange Commission (SEC) will need to use formal diplomatic protocols to serve summons on Adani Group Founder Gautam.
timesofindia.indiatimes.com
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Darth Vader
Galvanizer
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.
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.
China Wiretaps Americans in ‘Worst Hack in Our Nation’s History’(USA)
China Wiretaps Americans in 'Worst Hack in Our Nation's History'
America's aging infrastructure seems to be the culprit.
gizmodo.com
This is the bigger problem, there are no competent leadership from other parties.
Emperor
Juggernaut
Propaganda to defame-destabilized India and very sorry to say that Techenclave Forum members 90% politically biased actively involved and constantly follow up to helping them as like India have only Adani issue (not a single word uttered about Kolkatta Medics Death in this forum)
If all allegations done on basis of Proof why Opposition Party in India not taking any FIRM Action and submit all evidence in Supreme Court or not publishing that proof in All News Papers in India, just like they giving political advertisements and reach to even remote village of India for vote?
so for 50 yrs, you and your elders were in sleep and not do anything to move out of slavery and now when one person doing, suddenly people like you wake-up magically and came with narrative that out of 1.4 billion people only .... and damaged India's reputation ...
so as per SOME biased Experts here on TE- USA/Canada and some African Country are 100% Honest and have all proof against Adani and they will prove it? right.
90% here thinks themselves experts in International politics and opposing reputed billionaire without a shame, why because he didn't invite their aKa for thoomka on stage in his family functions and not gift millions worth....
If all allegations done on basis of Proof why Opposition Party in India not taking any FIRM Action and submit all evidence in Supreme Court or not publishing that proof in All News Papers in India, just like they giving political advertisements and reach to even remote village of India for vote?
so for 50 yrs, you and your elders were in sleep and not do anything to move out of slavery and now when one person doing, suddenly people like you wake-up magically and came with narrative that out of 1.4 billion people only .... and damaged India's reputation ...
so as per SOME biased Experts here on TE- USA/Canada and some African Country are 100% Honest and have all proof against Adani and they will prove it? right.
90% here thinks themselves experts in International politics and opposing reputed billionaire without a shame, why because he didn't invite their aKa for thoomka on stage in his family functions and not gift millions worth....
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