'Nothing To Hide': Amit Shah On Congress's Claims Of Adani Being 'Favoured' By BJP

The Opposition has been targeting the government over the Adani-Hindenburg report alleging that the party has been "favouring' the Adani Group. 

Union Home Minister Amit Shah said that there was nothing for the BJP to hide or be afraid of on the Adani-Hindenburg row.

Source : ANI

New Delhi: Union Home Minister Amit Shah on Tuesday said that it will not be appropraite for him to comment on the allegations leveled by Opposition on the Bharatiya Janata Party-led government over the Adani-Hindenburg row adding that there is "nothing  for the BJP to hide or be afraid of." 

In an interview with news agency ANI, the Union Minister said, "The Supreme Court has taken cognizance of the matter. As a minister, if the Supreme Court is seized of the matter it is not right for me to comment. But in this, there is nothing for the BJP to hide and nothing to be afraid of."

The Opposition has been targeting the government over the Adani-Hindenburg report alleging that the party has been "favouring' the Adani Group. 

On February 7, while speaking in Lok Sabha, Congress MP Rahul Gandhi said that the relationship between PM Modi and Gautam Adani began many years ago when the former was chief minister of Gujarat. He also said that real magic began when PM Modi reached Delhi in 2014. 

American short seller and investment research firm Hindenburg Research had on January 24 published a report on Adani Group alleging the group of “brazen stock manipulation and accounting fraud scheme over the course of decades.”

The report, titled 'Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History', questioned the accounting and corporate governance practices of Adani Group, and also raised the issue of heavy debt.

The report came close to heels with Adani Enterprises’ Follow-on Public Offer worth Rupees 20,000 crores which was retracted and the group criticised the report, stating that it was timed with a "mala fide intention" to damage Adani Enterprises FPO.

A day later, Gautam Adani said that the decision to withdraw the offering was considered after volatility seen in the market and that “the board felt that it would not have been morally correct to proceed with FPO”, in a video message. 

The issue caused much uproar throughout the first part of the Budget Session of the Parliament with the Opposition demanding a Joint Parliamentary Committee probe over the issue causing both the Houses of Parliament to be adjourned till March 13.