Indian billionaire Gautam Adani, his nephew Sagar Adani, and six associates have been indicted by a US Federal Court in Brooklyn under the US Foreign Corrupt Practices Act. This is seen as a warning to Indian Prime Minister Narendra Modi due to his balancing act between the US, Russia, and China, especially after his participation in the BRICS summit. Adani, close to Modi, has dismissed the charges, stating they make him stronger. While journalist Sucheta Dalal predicts severe repercussions, some believe Modi’s ties with Donald Trump could help resolve the matter if Trump returns to power, restoring normalcy.
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The Controversy Over Adani Defense and White Labeling of Israeli Weapons
The Adani Group has denied these allegations, claiming its defense projects are within the legal and economic frameworks set by the government. However, the lack of a detailed public audit or investigation has led to ongoing scrutiny from opposition parties and the public alike, especially as India seeks to solidify its defense independence and transparency in national spending.