"Nate Anderson, founder of Hindenburg Research, announced...the shut down of his US investment firm, stating they have completed all ongoing projects." Hindenburg caused massive losses in Adani Group shares. TOI. Hindenburg accused Vinod Adani, brother of the Chairman of the Adani Group Gautam Adani (wikipedia), of creating shell companies which were involved in "(1) stock parking / stock manipulation (2) and laundering money through Adani's private companies onto the listed companies' balance sheets in order to maintain the appearance of financial health and solvency." There was much rejoicing as share prices of the Adani Group surged 9% on the news of Hindenburg's shutdown. HT. This is not the only adventure of Mr Gautam Adani. "As per allegations made by the US Justice Department, (Indian government) officials were paid more than $250 million in bribes to okay solar deals with state governments. Adani Group Chairman Gautam S Adani, his nephew Sagar, and six others have been charged with paying these bribes." ET. "It's hard to think of a more tangible example of graft than agreeing to pay $265 million to government officials to secure overpriced solar power contracts," but "Perhaps surprisingly, the allegations are yet to prompt a commensurate outpouring of anger in India, nor any huge rush by its 28 states and eight Union territories to review their own renewable energy contracts." Reuters. No surprise there. Indians respond with a tired shrug. Everyone knows Adani is protected by Prime Minister Narendra Modi so that Congress MP Jairam Ramesh said, "This is not an Adani issue, this is a 'MODANI' issue." India Today. "The US fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case," but "the (Indian) government may be reluctant to facilitate testimony that could paint Indian officials in an unfavorable light." The Print. In November 2023, US Justice Department officials filed an indictment alleging a plot to murder US citizen and Khalistani separatist leader Gurpatwant Singh Pannun. TOI. In June 2024, Indian citizen Nikhil Gupta was extradited to the US from the Czech Republic to face murder-for-hire charges. justice.gov. In October 2024, "The US Justice Department announced it has charged a 'former Indian intelligence officer' - identified as Vikas Yadav - for allegedly directing a foiled plot to murder Sikh separatist Gurpatwant Singh Pannun, who advocates for the creation of Khalistan." HT. A high powered panel set up by the Indian government in 2023 has recommended "legal action against an individual" without naming the person involved. TOI. Amazingly, in December 2023, soon after the US allegations, Vikas Yadav was arrested and released on bail on a charge of kidnapping and robbing Raj Kumar Walia, the owner of Markaz Cafe and Lounge in Delhi. He cannot be extradited till his trial is over. TOI. Our government must think that Americans are stupid enough to accept an officer of India's intelligence agency Research and Analysis Wing (RAW) would jeopardize his career by robbing a few rupees. This is arguably the most corrupt government we have ever had but Mr Modi appears to be immune. Because, he has total loyalty from an army of half-witted imbecile 'Bhakts' (devotees) who live in an alternate reality (DH) where Mr Modi is to be worshipped, no matter what. Ministers and top civil servants are dependent on his largesse for lucrative posts so there is a code of 'Omerta' providing an armor of invincibility. A prime minister is accountable. A Godfather is not. Citizens are fair game.
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