George Soros, who hates nationalists, targets Adani Group, PM Modi

On Thursday (February 16), Hungarian-American billionaire George Soros accused Prime Minister Narendra Modi of crony capitalism after claiming that the latter has a great relationship with Indian businessman Gautam Adani.

“Modi and business tycoon Adani are close allies. Their fate is intertwined,” Soros stated. He made the contentious remarks on the Technical University of Munich (TUM) in Germany forward of the Munich Security Conference

“Adani Enterprises tried to raise funds in the stock market, but he failed. Adani is accused of stock manipulation and his stock collapsed like a house of cards,” the American billionaire alleged.

George Soros additional accused the Indian Prime Minister of being complicit within the supposed ‘misdealings’ of the Adani Group. “Modi is silent on the subject, but he will have to answer questions from foreign investors and in parliament,” Soros was heard as saying.

He additionally claimed that the ‘shakedown’ prompted to the Indian markets as a result of Hindenburg Research report will lead to ‘much needed institutional reforms’ and ‘democratic revival’. Soros additionally alleged that so-called anti-Muslim violence in India has spearheaded the ‘meteoric rise’ of Prime Minister Narendra Modi.

The improvement comes three weeks after US-based funding analysis agency Hindenburg Research printed a 32,000-word report, accusing the Adani Group of inventory manipulation and use of tax havens.

The Adani Group trashed the Hindenburg Research report as a “malicious combination of selective misinformation and stale, baseless and discredited allegations”. On January 29, the Indian conglomerate slammed Hindenburg Research with a 413-page report, dismissing allegations levelled by the latter. 

However, this didn’t cease George Soros from casting aspersions in regards to the integrity of PM Modi and insinuating collusion between the federal government and the Adani group.

When George Soros pledged $1 billion to struggle nationalists

In January 2020, the American billionaire dedicated $1 billion to begin a worldwide college to “fight nationalists” and local weather change, calling them twin challenges that threaten the survival of our civilization.

While talking on the World Economic Forum in Davos, Soros pledged to fund a college mission to battle the erosion of civil society in a world more and more dominated by “would-be and actual dictators” and local weather change.

Soros additionally claimed that the “biggest and most frightening setback” was in India, as he accused Prime Minister Narendra Modi of “creating a Hindu nationalist state.”

He had claimed, “The biggest and most frightening setback occurred in India where a democratically elected Narendra Modi is creating a Hindu nationalist state, imposing punitive measures on Kashmir, a semi-autonomous Muslim region, and threatening to deprive millions of Muslims of their citizenship”.

George Soros, by way of his Open Society Foundation, which began its operations in India first in 1999 by providing scholarships and fellowships to pursue research and analysis at Indian establishments, Soros has made nice strides in creating dysfunction inside India. In the title of operating philanthropic actions, the left-wing worldwide organisation led by Soros has begun to unfold its tentacles throughout the nation by his lively assist to anti-India parts working inside India. 

In the previous couple of many years, George Soros has repeatedly has proven his desperation to wage warfare in opposition to the nationalist authorities in India by way of varied networks funded by him comprising of NGOs, media, intelligentsia, and so on. 

Regarding his philanthropy work, Soros’s OSF grasped a stronghold in India throughout the Obama regime. Ever since its entry into India, OSF has tried to interlope within the inner affairs of the nation by way of the huge and interconnected community of organisations funded by George Soros. These organisations play a significant function in manipulating the unique narrative and take the assistance of the judiciary and media to hinder the nationwide curiosity.

In 2008, the Soros Economic Development Fund (SEDF) joined fingers with Omidyar Network, the Indian School of Business (ISB) and Google.org to launch their 17 million SONG fund to spice up funding. Together with different networks, Soros has offered intensive grants to media operating into hundreds of thousands to control political narratives.