NEW DELHI: BJP on Sunday claimed Congress and other opposition parties were part of a conspiracy to create financial instability and chaos in India, as the party rejected Hindenburg’s charge against the Sebi chairperson as an attempt to discredit the financial watchdog.
BJP spokesperson Sudhanshu Trivedi said the short-selling firm, which last year levelled serious allegations against the Adani group, was facing scrutiny from Indian probe agencies.“Opposition is echoing its allegation, and the conspiracy is now clearly visible that it wants to create chaos and instability, especially in the financial sector,” he said.
Noting that many such critical reports emanating from foreign soil were released just ahead of or during Parliament sessions, he said opposition leaders were aware that the report was coming when Parliament was in session. The monsoon session of Parliament was scheduled to end on Monday but was cut short by one working day and ended on Friday.
BJP leader and former Union minister Rajeev Chandrasekhar said Hindenburg had attacked Sebi in an “obvious partnership” with Congress and had an ominous motive. “It is to destabilise and discredit one of the world’s strongest financial systems and create chaos in the world’s fastest-growing economy,” he said on X.
“I have said often and say again, many global forces with the help of the Congress dynasty want to slow down or trip up India’s rise. We won’t let them,” he said.
Hindenburg Research on Saturday launched a broadside against Sebi chairperson Madhabi Buch, alleging she and her husband had stakes in obscure offshore funds used in the alleged Adani money siphoning scandal.Union minister Jyotiraditya Scindia too claimed Congress was behind the Hindenburg report.
“Congresss work is only to spread anarchy and entangle the country in controversial matters,” he said. He said that Prime Minister Narendra Modi and the BJP workers were carrying the “torch of development and progress”, whereas Congress has been trying to mislead the country and keep it in the dark for years.
The Adani group also termed the allegations malicious and based on manipulation of select public information. The company said it has no commercial relationship with the Sebi chairperson or her husband.
BJP spokesperson Sudhanshu Trivedi said the short-selling firm, which last year levelled serious allegations against the Adani group, was facing scrutiny from Indian probe agencies.“Opposition is echoing its allegation, and the conspiracy is now clearly visible that it wants to create chaos and instability, especially in the financial sector,” he said.
Noting that many such critical reports emanating from foreign soil were released just ahead of or during Parliament sessions, he said opposition leaders were aware that the report was coming when Parliament was in session. The monsoon session of Parliament was scheduled to end on Monday but was cut short by one working day and ended on Friday.
BJP leader and former Union minister Rajeev Chandrasekhar said Hindenburg had attacked Sebi in an “obvious partnership” with Congress and had an ominous motive. “It is to destabilise and discredit one of the world’s strongest financial systems and create chaos in the world’s fastest-growing economy,” he said on X.
“I have said often and say again, many global forces with the help of the Congress dynasty want to slow down or trip up India’s rise. We won’t let them,” he said.
Hindenburg Research on Saturday launched a broadside against Sebi chairperson Madhabi Buch, alleging she and her husband had stakes in obscure offshore funds used in the alleged Adani money siphoning scandal.Union minister Jyotiraditya Scindia too claimed Congress was behind the Hindenburg report.
“Congresss work is only to spread anarchy and entangle the country in controversial matters,” he said. He said that Prime Minister Narendra Modi and the BJP workers were carrying the “torch of development and progress”, whereas Congress has been trying to mislead the country and keep it in the dark for years.
The Adani group also termed the allegations malicious and based on manipulation of select public information. The company said it has no commercial relationship with the Sebi chairperson or her husband.
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