It’s indicative of the naivete of the Indian intelligentsia and media that they haven’t smelt an American Deep State rat in the persecution of India’s premier infrastructure builder Gautam Adani. In February last year, Hindenburg Research, a US-based self-confessed short-seller firm with five employees and no fixed address, charged Adani with using offshore shell companies to drive up prices of listed shares of Adani Group companies to enable the tycoon to inflate his borrowing limits. Now the US Department of Justice (DOJ) has filed charges against Adani for raising finance in the US to bribe government officials in India — a grave transgression of American law. This is rich considering American firms and government agencies such as the CIA (Central Intelligence Agency) are past masters of bribery and suborning individuals and governments abroad.
Why are Yanks and closet communists in India — and especially the Congress party’s hereditary leader Rahul Gandhi — after Adani’s blood? Because Adani has emerged as India’s most successful infrastructure builder — seaports, airports, highways, cement, green energy and conventional power plants — and has started winning infrastructure construction projects all over the world, and his efficient companies are threatening American firms.
A charge that business illiterate Bolshies routinely make against Adani is that he is being heavily backed by the BJP/ NDA government at the Centre and Prime Minister Modi in particular. Evidently they are unaware that post-war Japan’s zaibatsu companies and Korea’s chaebols which are now global conglomerates, were even closer to and more heavily backed by government. Nor have they figured out that the Adani Group is India’s answer to China’s transnational Belt and Road Initiative.
Leader of Opposition Rahul Gandhi is amazed that Modi promotes Adani companies abroad. Surely it’s part of his job description? Unfortunately this prize duffer is still wrapped in the socialist era mindset during which the PM was obliged to equally promote Indian — especially public sector — companies abroad. Even if they brought disgrace to the country with shoddy project execution.