Amit Shah: “There is nothing for the BJP to fear or to hide.”
With accusations of favouritism from the Congress and other opposition parties, the Hindenburg-Adani dispute has grown into a significant political crisis.
Amit Shah, the union home minister, has stated that it will not be appropriate for him to comment given that the Supreme Court has taken cognizance of the matter but that there is nothing “for the BJP to hide or be afraid of” as the opposition has targeted the BJP-led government over the Hindenburg-Adani controversy.
“The Supreme Court has acquired jurisdiction over the situation. If the Supreme Court is considering the case, it is not appropriate for me to speak as a minister. But in this, the BJP has nothing to conceal and nothing to be concerned about “Mr. Shah stated in ANI interview.
The Hindenburg-Adani dispute has escalated into a significant political crisis as the Congress and other opposition parties accuse the administration of favouritism and crony capitalism. During the parliament’s budget debate, they brought up the subject and demanded an investigation by a joint parliamentary committee.
On this matter, the opposition parties have also criticised Prime Minister Narendra Modi.
They are looking for answers on the investments made by LIC and a few public sector banks in the Adani group. The government has refuted the claims, and PSUs and regulatory agencies have responded by stating that they uphold their missions and adhere to standards.
In response to Hindenburg’s report on Adani Group, the Center on Monday informed the Supreme Court that SEBI had agreed to form a committee to safeguard investor interests.
SEBI is fully prepared to handle the issue that occurred as a result of a recent report by Hindenburg Research, Solicitor General Tushar Mehta told a bench of Chief Justice DY Chandrachud.
Mehta added that the government has no issues with creating a committee to make recommendations on how to guarantee investors’ protection going forward. But he added that the committee’s mandate is crucial since it has an impact on a global scale and that the government will furnish names under a sealed cover.
When questioned about Rahul Gandhi’s recent address in the Lok Sabha, which almost exclusively focused on the Adani group, Mr. Shah responded that the Congressman or his speech writers should choose the topics for their speeches.
He remarked, “The speech he intends to give is for him to think or for his speech writers to think.”
Rahul Gandhi accused the BJP of “crony capitalism,” and Mr. Shah responded. “There is no ambiguity. To yet, no one has been able to accuse the BJP of such a thing. Both the CAG and the CBI had registered charges involving corruption during the time of the Congress. Scams worth 12 lakh crore were committed.”
When questioned about claims made by the Congress and other opposition parties that the BJP is “grabbing institutions,” Mr. Shah advised them to take their case to court and noted that the judiciary is independent of the BJP.
He declared, “Court ‘humare kabze mein nahi hai.”
“Why do they not appear in court? Even at the time the Pegasus matter was brought up, I advised the court to accept the proofs. They are just capable of making noise. When people reached the court, it recognised Pegasus and handed out its ruling. Also conducted was the investigation, “Added he.
When questioned about BJP spokespersons’ claims of a “plot” prior to elections, he stated it was up to them to respond.
“The truth cannot be harmed by thousands of conspiracies. The sun-like brilliance of truth. Since 2002, they have been doing it to PM Narendra Modi. And each time, he has come out stronger, more sincere, and with greater public acclaim “When questioned if there was a conspiracy after the BBC documentary and Hindenburg report, he responded.
Prime Minister Narendra Modi attacked the Congress-led UPA government at the Center in his speech to the Lok Sabha in response to the debate on the motion of thanks on the President’s address, saying that it turned “every opportunity into a crisis” during its 10 years in office between 2004 and 2014. Between 2004 and 2014, the UPA’s tenure as president was “full with scams,” according to PM Modi.