Union Minister of Women and Child Development Smriti Irani has today slammed George Soros for his remarks against Prime Minister Narendra Modi and India at the Munich Security Conference. Smriti Irani slammed billionaire investor George Soros during a press conference at the BJPs headquarters in New Delhi, saying the man who broke the Bank of England and is now as an economic war criminal has expressed his desire to break Indian democracy.“George Soros, who hedges bets against many countries, has now made his ill intentions in Indias democratic processes known,” she said.Union Minister continued to say that Soros wants a government that will bend to his will in order for his wicked plans to succeed. “It is clear from his statements that he has declared funding in excess of one billion dollars to target leaders such as Prime Minister Modi. “This is significant,” said Irani during the conference.She added that people who support Soros need to know that democracy has persuaded in India and will continue to do so. She also said, As a party worker in BJP, I can assure you that plans to weaken Indian democracy will be met by the might in India under Prime Minister Narendra Modi.George Soros said at the Munich Security Conference on Thursday that the stock market woes of business tycoon and alleged close ally Gautam Adani would weaken Prime Minister Modi, “opening the door” to a democratic revival in the country.In a speech on Thursday, the 92-year-old billionaire philanthropist said Prime Minister Narendra Modi would “have to answer questions” from foreign investors and Parliament about allegations of fraud and stock manipulation at Adanis industrial empire, noting that PM Modi had been “silent” on the subject.Adani Group has come under fire after US short-seller Hindenburg Research accused the company of decades of “brazen stock manipulation and accounting fraud.”Aside from that, he accused the Indian government of buying cheap oil despite the Ukraine-Russia war.Why Smriti Irani called him “The Man Who Broke The Bank of England”George Soros is called The man who broke The Bank of England because he short sold 10 billion pounds worth of currency and made a profit of 1 billion dollars. Short selling means buying a commodity fora lower price and selling it at higher prices.George Soros, a well-known Modi critic, believes the Adani crisis will break the Central governments stranglehold and push for institutional reforms. Soros made the comments at the Munich Security Conference in 2023.What is the Adani-Hindenburg Saga all aboutHindenburg research report on Adani: On January 25, Hindenburg released a report that alleged the Adani Group had “engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades”. Hindenburg sparked a fierce firestorm that threatened to burn Asias wealthiest man.According to the findings of the Hindenburg Research investigation, Gautam Adani, the groups founder and chairman, has added over 100 billion dollar to his net worth over the last three years, largely through stock price appreciation in the groups seven key listed companies, which have increased by about 819 percent in the same period.Adani-Hindenburg row: Govt prepares the list of committee membersThe central government has prepared a list of names for the expert committee, the formation of which was suggested by the Supreme Court, to investigate the drop in the conglomerates shares and recommend improvements to statutory and regulatory regimes in Adani case. The names have been selected by the government keeping all the investors in mind who invested in Adani. Supreme Court proposed the setting of panel on which the centre agreed.
