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regular-article-logo Sunday, 22 December 2024

Congress asks Prime Minister Narendra Modi to break silence on Adani affairs

Shady transactions by PM’s favourite business group are reportedly leading Deloitte Haskins & Sells to take the unusual step of resigning as auditor for Adani Ports & SEZ, says Jairam Ramesh

Our Special Correspondent New Delhi Published 13.08.23, 04:56 AM
Jairam Ramesh.

Jairam Ramesh. File photo

The Congress on Saturday asked Prime Minister Narendra Modi to break his silence on the Adani affairs, pointing to the resignation of the statutory auditor from a group firm.

Congress communications chief Jairam Ramesh said in a statement: “Shady transactions by the Prime Minister’s favourite business group are reportedly leading Deloitte Haskins & Sells to take the unusual step of resigning as auditor for Adani Ports & SEZ. The auditor had previously issued a ‘qualified opinion’ on the company’s accounts stating that Adani Ports’ transactions with three entities cannot be shown to be with unrelated parties.”

Ramesh further said: “More importantly the firm has refused to get an independent external examination that would prove so. This raised several serious questions: Who is the... contractor that the firm is protecting and financing? To whom did it really sell its Myanmar container terminal in May 2023? Adani Ports seems so keen to obscure these apparent related-party transactions that Deloitte is being forced to resign after completing only one of five years as the firm’s statutory auditor.”

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