In a bizarre development, the United States has reportedly indicted all Indians after shares of Adani Group skyrocketed despite bribery allegations against the company.
Frustrated by the unexpected rise in share prices, US authorities have decided to frame charges against every Indian investor purchasing Adani Group shares, particularly as many American traders had taken short positions against the stock.
Speaking to The Fauxy, a US official stated, “Both giving and receiving bribes are illegal, and a share price surge driven by bribery is also unlawful. Therefore, we are filing cases against every Indian who has bought Adani shares.”
The announcement has triggered a wave of unexpected reactions in India. Many Indians awaiting US visa approvals have now started buying Adani shares, assuming that legal action against them will result in being brought to the US—a shortcut to their American dreams.
The situation has left both markets and authorities puzzled, while Indians continue to turn the tide with their “innovative” thinking.
