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The Times of India
The Times of India
National
TNN

Sharad Pawar: It seems Adani Group was targeted; can’t see logic of JPC demand

NEW DELHI: NCP leader and key Congress ally Sharad Pawar on Friday criticised the campaign against the Adani Group, saying the corporate giant was being targeted, in what is seen as a setback to others in the opposition, especially Rahul Gandhi. He also questioned the logic behind demanding a parliamentary (JPC) probe , given BJP’s majority.

In an interview to Adani-owned NDTV, Sharad Pawar questioned the credentials and motives of the international shortseller (Hindenburg) whose claim that Adani Group’s stocks were overvalued due to alleged manipulation by the promoters and others, triggered a crash in their share prices eroding their networth and forcing them to abandon their plans to raise funds as well as expansion. “And these issues which were raised, who brought them forward. . . what was their background, it was important to assess this. A price had to be paid for this by the country’s economy. This cannot be ignored. It seems they (Adani Group) were being targeted,” Pawar said.

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