'Dubious, foreign entities': Rahul Gandhi slams Adani, govt; says sensitive contracts given to unknown firms
Story by Business Today
Congress MP Rahul Gandhi raised questions today about missile and radar upgrade contracts being given to an Adani Group-owned company and an unknown foreign entity known as Elara.
Gandhi, via his Twitter handle, shared a screenshot of a news report by The Indian Express. which said that Elara Capital is a joint owner in a top defence firm controlled by the Adani Group... It has signed a contract worth Rs 590 crore with the Defence Ministry in 2020 for upgrading and digitising the Pechora missile and radar systems.
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"More and more skeletons are tumbling out as the scrutiny on Gautam Adani and his empire intensifies. In the latest, a report by Indian Express has revealed that Elara Capital, one of the investors in Adani group, is also a co-owner with Gautam Adani in a defence firm. This firm works closely with ISRO and DRDO. and it also has a Rs 590 crore contract with the Union Ministry of Defence. The latest disclosure has kicked up a political storm with opposition raising the concern over national security.
Let's understand the matter in detail.