George Soros who is 94 years old is reportedly distressed after his alleged Hindenburg Conspiracy against India didn’t have the desired impact. The famous investor is said to be in shock as he has suffered a major setback. According to reports Soros didn’t celebrate his birthday as Indians didn’t take the Hindenburg report seriously.
BJP Accuses George Soros for Hindenburg Economic Conspiracy
On August 12 the Bharatiya Janata Party (BJP) openly accused the opposition Congress of plotting to destabilize India’s economy. They claimed George Soros was a key player behind the Hindenburg Conspiracy. The BJP pointed to Soros as the main investor in the research firm Hindenburg which they believe is responsible for spreading false information against India.
Ravi Shankar Prasad who is a senior BJP leader held a press conference in New Delhi where he accused Congress of conspiring to create economic chaos after the 2024 elections. He cleared that the Indian economy is on a rapid growth trajectory which is recognized by the World Ban and that small investors see India as a stable and promising market.
VIDEO | "On behalf of the national forum of the BJP, we would like to say with full sense of responsibility that after being rebuffed by people of India, the Congress party, its allies and its closest allies – the 'toolkit' gang – have conspired together to usher an economic… pic.twitter.com/UlaHEDgFhX
— Press Trust of India (@PTI_News) August 12, 2024
Soros Accused of Anti-India Agenda
Prasad specifically called out George Soros accusing him of consistently running campaigns against India. According to him, Soros is the main investor behind the Hindenburg Conspiracy and he has a history of spreading propaganda that paints India in a negative light. The BJP leader questioned Congress’s intentions accusing the party of harboring hatred towards India due to its disdain for Prime Minister Narendra Modi.
The Congress Response
In February 2023 Soros faced backlash in India for his remarks suggesting a democratic revival in the country which linked to the Hindenburg report on the Adani Group. The Congress party and other opposition members have called for a joint parliamentary committee (JPC) to investigate these claims. They argue that SEBI which is the Indian market regulator is now under difficulty due to its handling of the situation.
Congress MP Jairam Ramesh raised concerns about potential conflicts of interest within SEBI. He questioned whether SEBI Chairperson Madhabi Puri Buch’s recusal from the Adani investigation was influenced by her connections to the Adani Group as alleged in the Hindenburg report.
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SEBI’s Response and Market Reactions
Despite the George Soros Hindenburg Conspiracy controversy SEBI has clarified that its chairperson fully disclosed her holdings and has consistently recused herself from matters where a conflict of interest might arise. Following the latest Hindenburg report Adani Group stocks experienced a sharp decline but later showed signs of recovery.
BJP’s Ongoing Criticism of Soros
The BJP continues to criticize George Soros for his alleged role in the Hindenburg Conspiracy. They accused George Soros Hindenburg Conspiracy of attempting to destabilize the Indian economy for his personal agenda. Prasad reiterated that Soros’s actions are part of a broader plan to create difficulties in India.
George Soros who is known for his philanthropy has become a controversial figure in Indian political discourse due to his alleged involvement in the Hindenburg Conspiracy. His reported distress over the failure of this conspiracy highlights the ongoing tension between global financial interests and India’s politics.
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