Vindicates demand for JPC probe: Congress on charges against Adani in US

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Vindicates demand for JPC probe: Congress on charges against Adani in US - Business Standard

Quick Summary:

Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay USD 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts.

With billionaire Gautam Adani charged in the US with alleged bribery and fraud, the Congress on Thursday said it "vindicates" its demand for a Joint Parliamentary Committee investigation into the various "scams" involving his conglomerate.

The opposition party also called for "a new and credible" SEBI head to be appointed to complete the securities law investigations into the "Adani Mega Scam".