JDS to have alliance with like-minded party: HDK
Bengaluru, May 7: If there is a hung assembly after the election, the JDS would support those which respond positively to the party, said JDS state president and former chief minister HD Kumaraswamy.
Releasing the party manifesto at a programme at JP Bhavan in Bengaluru on Monday, Kumaraswamy said that the JDS is in favour of total six crore people of the state. He would not knock the door of any national party for chief minister post. The party is ready to sit in the opposition place. If any political party accepted the JDS manifesto, then he would think of extending his support to that party, he said.
Some activists and writers have been putting pressure on supporting the Congress instead of BJP. But both Congress and BJP are opportunists. In order to shield the corrupt, they have weakened the Lokayukta. For power, he would not knock the door of any national political party, he clarified.
Media surveys on election outcome were just assumptions. They have given the statistics as per their interest. But the people of the state have interest towards JDS. As the party would get majority on its own, there would be no question of depending upon anybody. If the voters decided for hung assembly as per the surveys, he would not demand support from any party. But the party would extend its support to those who accept stand of the JDS, he said.
It was BJP government which fixed percentage for bill clearance, and awarding contracts and Congress has continued that practice. When the BJP has got the kick-backs through cheques, the Congress has got in cash. It would have been better if Prime Minister Narendra Modi spoke after knowing all these, he ridiculed.
The Yeddyurappa government had made burden of Rs 83 lakh crore loan, while Siddaramaiah government has made Rs 1.50 lakh crore burden on people of the state. Both the governments have looted the tax money, he blasted.
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US SEC summons Gautam Adani, nephew Sagar in bribery case
New York (PTI): Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the US Securities and Exchange Commission (SEC) allegation of paying USD 265 million (Rs 2,200 crore) in bribes to secure lucrative solar power contracts.
Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same city for a reply to SEC within 21 days.
"Within 21 days after service of this summons on you (not counting the day you received it)...you must serve on the plaintiff (SEC) an answer to the attached complaint or a motion under Rule 12 of the Federal Rules of Civil Procedure," said a November 21 notice sent through the New York Eastern District Court.
"If you fail to respond, judgment by default will be entered against you for the relief demanded in the complaint. You also must file your answer or motion with the court," it added.
Gautam Adani, 62, and seven other defendants, including his nephew Sagar, who is a director at the group's renewable energy unit Adani Green Energy Ltd, allegedly agreed to pay about USD 265 million in bribes to Indian government officials between approximately 2020 and 2024 to obtain lucrative solar energy supply contracts on terms that expected to yield USD 2 billion of profit over 20 years, according to an indictment unsealed in a New York court on Wednesday.
Separate from the indictment brought by the US Department of Justice, the US SEC has also charged the two and Cyril Cabanes, an executive of Azure Power Global, for "conduct arising out of a massive bribery scheme".
The ports-to-energy conglomerate has denied the allegations and said it will seek all possible legal resources.
"The Adani Group has always upheld and is steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations. We assure our stakeholders, partners and employees that we are a law-abiding organisation fully compliant with all laws."
An indictment in the US is basically a formal written allegation originating with a prosecutor and issued by a grand jury against a party charged with a crime. A person indicted is given formal notice to reply.
That person or persons can then hire a defence lawyer to defend.
Prosecutors said the investigation started in 2022 and found the inquiry obstructed.
They also allege that the Adani Group raised USD 2 billion in loans and bonds, including from US firms, on the backs of false and misleading statements related to the firm's anti-bribery practices and policies, as well as reports of the bribery probe.
"As alleged, the defendants orchestrated an elaborate scheme to bribe Indian government officials to secure contracts worth billions of dollars and... lied about the bribery scheme as they sought to raise capital from U.S. and international investors," US Attorney Breon Peace said in a statement announcing the charges on Wednesday.
"My office is committed to rooting out corruption in the international marketplace and protecting investors from those who seek to enrich themselves at the expense of the integrity of our financial markets."
