Congressman Lance Gooden demanded answers on the selective prosecution of foreign entities & the potential harm such actions pose to US’s global alliances.
The BJP has also accused Gandhi, the OCCRP & 92-year-old billionaire financier-philanthropist George Soros of singling out the Adani Group & its closeness to the Modi government.
This is significant since US said SECI was having trouble finding buyers for Adani & Azure solar power due to high rates. The firms then allegedly promised bribes to state govt officials.
U.S. International Development Finance Corporation has not reached a final agreement on the loan, an official with the agency said in an email to Bloomberg.
Under the proposedb airport deal, Adani Group was to add a second runway and upgrade the passenger terminal at the Jomo Kenyatta International Airport, with a 30-year lease in exchange.
Allegations by Organised Crime and Corruption Reporting Project (OCCRP) come on the heels of US-based Hindenburg accusing Adani Group of improper business dealings earlier this year.
Non-profit Organised Crime and Corruption Reporting Project says its investigation found 2 cases where investors bought & sold Adani stock via offshore structures.
SEBI, on 29 April 29, had sought 6 months to complete its probe, rather than 2 months. However, the Supreme Court said on Friday it was inclined to give a three-month extension.
Why should the US care? Because in the end, as its wrangle with Britain this week should have reminded them, America still needs bases, friendly ports, & overfly rights.
Multiple companies have invoked the principle of ‘force majeure’, which lets a party off the hook in case of unforeseen ‘acts of God’, to avoid penalties.
IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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