Adani fraud allegations rock Indian Parliament as opposition demands probe into billionaire's firms

abcnews.go.com:

India’s opposition has disrupted Parliament for a third day, protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes

NEW DELHI — India’s Parliament was disrupted for a third day Thursday by opposition parties protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes.

As Speaker Om Birla convened the powerful lower house of Parliament, opposition members shot up from their seats and crowded the aisles, shouting anti-government slogans. The Congress and other opposition parties have accused the government of Prime Minister Narendra Modi of protecting Adani, an Indian coal magnate.

«I don’t appreciate the manner of protest,” Birla said, adjourning the session over the opposition disruptions. The session later resumed but was adjourned for the day with the deadlock between the government and the opposition continuing.

Proceedings in Parliament's upper house were also adjourned, and the Congress party was unyielding in its stance.

The opposition called for a joint committee to investigate Adani’s companies, which include agriculture, renewable energy, coal and infrastructure.

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him a nd seven of his associates with securities fraud, conspiracy to commit securities fraud, and wire fraud. The charges allege that Adani duped investors in a massive solar project in India by concealing that it was being facilitated by bribes.

The indictment outlines an alleged scheme to pay about $265