BJP national spokesperson CR Kesavan, referring to an infamous Greg Chappel incident, said the “hit and run” US short-seller Hindenburg, hand-in-glove with the Congress party-led INDIA bloc, are involved in “shady and deceitful underarm bowling” to discredit the stock market and India’s market regulator, Securities and Exchange Board of India (Sebi).
Speaking to PTI, Kesavan reiterated the claims of his party colleagues, stating that the Congress is on a mission to “destabilise” India’s financial system.
“Rahul Gandhi made a cricketing analogy. Like Greg Chappell once dubiously did, it is the ‘hit-and-run’ Hindenburg and the crooked Congress-INDI Alliance which is indulging in shady and deceitful underarm bowling in order to discredit our stock market and regulator and destabilise our financial system,” he said.
The national spokesperson further alleged that the Congress’s mission to undermine Prime Minister Narendra Modi will fail “desperately” and heaped praised on the PM, who Kesavan said has been instrumental in making the country’s economy “not only stable, but also the fastest growing economy”.
Rahul’s video message
On Sunday, Rahul released a video wherein he attacked the Centre as well as Sebi after Hindenburg made explosive allegations against the market regulator’s chairman and her links with companies used by the Adani Group.
The Leader of Opposition expressed serious concerns about the potential conflict of interest involving the head of Sebi.
“This is an explosive allegation because it alleges that the umpire herself is compromised … Why hasn’t Sebi chairperson Madhabi Puri Buch resigned yet?” Gandhi said in the video message.
The Rae Bareilly MP also questioned who will be held accountable if the investors were to lose their money. “PM Modi, the SEBI chairperson, or Gautam Adani?” he asked, calling for prompt action.
‘Chit politics’
Earlier in the day, BJP’s Ravi Shankar Prasad accused the Congress of engaging in “chit politics” after it demanded a Joint Parliamentary Committee to investigate the recent Hindenburg research report.
“But what should be done about the chits that the Congress party and its leaders get? … They want to crash the entire stock market, stop the capital investment of small investors,” the BJP MP claimed.
The former union minister said the Congress in their “hatred” for Prime Minister Narendra Modi has developed “hatred against India itself”.
Earlier on Sunday, BJP IT cell chief Amit Malviya invoked PM Modi’s “Balak Buddhi” jibe to attack the Congress leader.
“The Leader of Opposition is now openly inciting and seeding doubt about the genuineness of the Indian stock markets. This blatant attempt to undermine confidence in our economy reveals the true intention of Rahul Gandhi, which is nothing but the destruction of India,” he wrote in a post on X.