Extraterritorial application of US laws: Former foreign secy Kanwal Sibal suggests Adani case be transferred to India
Kanwal Sibal argued on Sunday that these allegations represented an extraterritorial application of US laws.
In a post on X, Sibal argued that simply because some money was raised in the US by a company and that company allegedly paid bribes in India, it cannot be argued that the principal cause of action lies in the US.
«Have US investors lost financially or morally?» Sibal questioned.
Sibal argued that legal route should be taken if charges are proved after investigation. He suggested that the case should be transferred to India with all the evidence, including how the electronic information including details of company meetings in India, were obtained.
«It would then be for the Indian administrative and judicial processes to take appropriate action. Rejecting the extraterritorial application of US laws does not mean shielding an Indian industrialist from legal action. The issue is one of national sovereignty,» Kanwal Sibal explained.
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