'India Ki Tarakki Bardaasht Nahi Hoti...': Former India Cricketer Tweets On Adani-Hindenburg Report

Gautam Adani stated on Thursday that it would not be "morally correct" to go ahead with the Rs 20,000-crore share in the current market condition.

Adani Enterprises Founder Gautam Adani. ( Image Source :PTI )

The high-profile Adani Group is battling allegations of fraudulent transactions and share price manipulation raised by US-based activist short-seller Hindenburg Research, which led to a sharp fall in the prices of its shares. On Wednesday, they called off its Follow-on Public Offer with the Group chairman Gautam Adani stating on Thursday that it would not be "morally correct" to go ahead with the Rs 20,000-crore share in the current market condition.

On Monday, former India cricketer Virender Sehwag took to his Twitter and commented on this issue. “Goron se India ki tarakki bardaasht nahi hoti. The hitjob on India’s market looks like a well-planned conspiracy. Koshish kitni bhi kar lein but as always, Bharat aur majboot hi nikalkar ubhrega”, Sehwag wrote.

Goron se India ki tarakki bardaasht nahi hoti. The hitjob on India’s market looks like a well planned conspiracy. Koshish kitni bhi kar lein but as always, Bharat aur majboot hi nikalkar ubhrega.

— Virender Sehwag (@virendersehwag) February 6, 2023

Earlier, Telangana Chief Minister K Chandrashekar Rao on Sunday demanded a Joint Parliamentary Committee (JPC) to discuss the alleged scam of Adani Group, news agency PTI reported. Addressing a press conference in Nanded city of Maharashtra, KCR alleged the Centre is pressuring Life Insurance Corporation (LIC) to make a false statement over its exposure in the Adani Group. He further claimed the Centre is forcing states to import coal which is supplied only by the Adani Group.

According to the Bharath Rashtra Sanithi (BRS) chief, LIC has an exposure of Rs 80,000 crore in the Adani Group. However, to mislead the country, the Centre is pressuring LIC to make a false statement.

''It is my request to the Prime Minister that Adani Group is involved in such a big scam and it should be discussed in a joint parliamentary committee,'' PTI quoted the Telangana CM as saying.

''Everyone knows he (Adani) is your friend. In just two years, he became the world's second richest person. If you are honest, set up a joint parliamentary committee. It is my demand,'' KCR added.