The Congress party has alleged that the Securities and Exchange Board of India (SEBI) is hesitant to investigate the allegations against the Adani group. In a media report, Congress general secretary Jairam Ramesh claimed that the stench of illegality around another Adani-linked shell company named Opal Investment is becoming stronger. Ramesh raised questions about how a single-person firm based in Dubai could control 4.7% of equity worth Rs 8,000 crore in Adani Power, India’s largest private power generation firm. He also questioned the purpose of Opal Investment, the source of its funds, and Prime Minister Modi’s retirement plans. The SEBI investigation has been criticized by Congress as slow and unproductive, leading to renewed demands for a joint parliamentary committee (JPC) probe into the matter. The Congress party has been pressing for a JPC probe into the allegations of stock price manipulation and financial irregularities against the Adani group made by the US research firm Hindenburg, which Adani has categorically denied. For more information, please visit the link.