transparency

Adani Watch, News

EXCLUSIVE: Did PM Modi and BJP disclose election spending on Adani private jet lease

An AdaniWatch investigation finds that the 2014 election campaigning by India’s Prime Minister Narendra Modi in a private jet owned by the Adani Group was not disclosed as election expenditure, potentially violating the law of the land. If payments were made to the relevant Adani company for the lease of its aircraft by Modi for election campaigning, they were not reported by Modi or the BJP to the Election Commission.

Adani Watch, News

Did companies adequately disclose relationship of Gautam Adani’s daughter-in-law as partner in law firm?

Questions have been raised in the public arena about whether Adani Group companies should have been ‘more forthcoming’ about doing business with a legal firm in which Gautam Adani’s daughter-in-law is a partner. This story details 12 deals in which the legal firm provided advice either to the Adani company concerned or to another party to the deal. As a ‘related party’ to the Adani Group, should Paridhi Adani’s involvement have been formally disclosed to shareholders and stock exchanges?

Caravan Magazine, News

An Unnamed IAS Officer Levels Serious Allegations of Corruption Against Big-Four Firm KPMG India

An anonymous letter written by a civil servant, addressed to Prime Minister Narendra Modi, has levelled serious allegations against the multinational consulting firm KPMG’s India operations. In the letter, a senior bureaucrat who claims to be a member of the elite Indian Administrative Service accuses the group of exercising influence over key government officials by, among other means, recruiting their children and relatives.

News, The Wire

Modi Government’s Rs 500-Crore Bonanza to the Adani Group

The government has quietly tweaked rules relating to special economic zones – and the new rules specifically favour the Adani Group. The government recently took a decision to quietly tweak the rules relating to special economic zones (SEZs) which has enabled a company in the Adani Group to reap a bonanza of around Rs 500 crore.

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