Plea In Madras High Court Seeks SIT/ED/CBI Probe Into Indictment Of Gautam Adani In US On Bribery Charges

The plea, filed by Advocate and Desiya Makkal Sakthi Katchi President ML Ravi stated that Adani was indicted along with other businessmen and Power Distribution Companies of many Indian States including Tamil Nadu for the offence of participating in a scheme to bribe the Indian Government officials to ensure the execution of lucrative solar energy supply contracts with the Indian entities. He added that the United Stated Department of Justice has indicted these persons for using bribery to secure contracts in Indian renewable energy company and for misleading investors and lenders in the United States by concealing the corruption.

He added that as per the prosecutors in the United States, Adani group had paid USD 265 million as bribe and a majority of it was paid to officials in Andhra Pradesh to secure contracts with state electricity distribution companies between 2001 and 2023.

Ravi argued that while a foreign country has exposed the corruption which occurred in India, the Indian investigation agencies are still silent and are acting like mere spectators which is an insult to the entire country and its 140 crore citizens. He added that corruption eroded the public trust in the Government institution and hindered the development of the country and highlighted the need for an investigation into the same.

Thus, pointing out that public officials had misused their power and authority for personal gains in conflict with their public duty, Ravi stressed that there was a need for a probe to unearth the allegations.

'US Indictment Of Adani Must Be Investigated By Indian Agencies' : Petitioner In Adani-Hindenburg Matter Files Application In Supreme Court

Case Title: ML Ravi v Secretary, Ministry of Home Affairs

Case No: WP (SR) o. 160136 of 2024