BJP denounces billionaire George Soros's remarks on PM Modi

NEW DELHI: The Bharatiya Janata Party (BJP) has hit back at the comments made by Open Society Founder & Billionaire investor George Soros about India and Prime Minister Narendra Modi during a climate change conclave, part of the Technical University of Munich's Speaker Series.

Addressing a media conference, Union Minister Smriti Irani called Soros' remark an 'attack on India' and against the democratic processes of India, she said that this was a war being mounted against India and it was only PM Modi who stands between such foreign powers and country’s citizens.

During his address, 92-year-old Soros referred to tycoon Gautam Adani's recent troubles triggered by US-based short seller Hindenburg released a report accusing the Adani group companies of stock manipulation and said that Adani's recent troubles in the stock market would spur 'democratic revival in India' and Prime Minister Narendra Modi will 'have to answer questions.'

Soros remarked that Modi and business tycoon Adani are close allies and their fate is intertwined. The part of his 42-minute speech oscillated between climate change, the Russia-Ukraine war, rumbling in the US, the Turkey disaster and failures in China.

The principal opposition party Congress had said that they have nothing to do with Soros and according to Congress leader Jairam Ramesh, the 'democratic revival' in India depends entirely on the opposition parties and the electoral process.

Ramesh also took to Twitter and wrote, "Whether the PM-linked Adani scam sparks a democratic revival in India depends entirely on the Congress, Opposition parties & our electoral process. It has NOTHING to do with George Soros. Our Nehruvian legacy ensures people like Soros cannot determine our electoral outcomes."

Hungarian-American businessman Soros is famously known as 'The Man Who Broke the Bank of England' because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of US $1 billion during the 1992 Black Wednesday UK currency crisis as of March 2021, had a net worth of US$8.6 billion.

He is said to have donated more than US $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune. Forbes has called him the "most generous giver" in terms of percentage of net worth.


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