• Trinamool Congress (TMC) MP Mahua Moitra at the Parliament House in New Delhi, India. Getty Images
    Trinamool Congress (TMC) MP Mahua Moitra at the Parliament House in New Delhi, India. Getty Images
  • Ms Moitra is accused of taking bribes from business tycoon Darshan Hiranandani to ask questions in Parliament. Getty Images
    Ms Moitra is accused of taking bribes from business tycoon Darshan Hiranandani to ask questions in Parliament. Getty Images
  • Mahua Moitra with her dog Henry, who she fought a bitter custody battle over with Jai Anant Dehadrai. Photo: @mahuamoitraofficial / Instagram
    Mahua Moitra with her dog Henry, who she fought a bitter custody battle over with Jai Anant Dehadrai. Photo: @mahuamoitraofficial / Instagram
  • BJP member Nishikant Dubey, who has accused Mahua Moitra of taking bribes. Photo: Wikimedia Commons
    BJP member Nishikant Dubey, who has accused Mahua Moitra of taking bribes. Photo: Wikimedia Commons
  • Jai Anant Dehadrai, the Delhi-based Supreme Court lawyer who is believed to be Ms Moitra’s former partner, with their shared dog, Henry. Photo: @jai_a_dehadrai / X
    Jai Anant Dehadrai, the Delhi-based Supreme Court lawyer who is believed to be Ms Moitra’s former partner, with their shared dog, Henry. Photo: @jai_a_dehadrai / X
  • Dubai-based business tycoon Darshan Hiranandani. Mr Dubey has accused Mr Hiranandani of giving Ms Moitra gifts to ask questions on his behalf. Photo: Linkedin
    Dubai-based business tycoon Darshan Hiranandani. Mr Dubey has accused Mr Hiranandani of giving Ms Moitra gifts to ask questions on his behalf. Photo: Linkedin
  • Indian billionaire Gautam Adani, whose business activities came under questioning by Ms Moitra. Mr Adani has been accused of fraud by the US-based investment research firm Hindenburg. Reuters
    Indian billionaire Gautam Adani, whose business activities came under questioning by Ms Moitra. Mr Adani has been accused of fraud by the US-based investment research firm Hindenburg. Reuters
  • If Ms Moitra is found guilty, the Ethics Committee could recommend her suspension from the house. Getty Images
    If Ms Moitra is found guilty, the Ethics Committee could recommend her suspension from the house. Getty Images

Mahua Moitra 'cash-for-query' case: Dog, 'jilted lover' and Gautam Adani claims explained


Taniya Dutta
  • English
  • Arabic

Indian firebrand opposition parliamentarian Mahua Moitra stormed out of the Parliament's Ethics Committee meeting, to which she had been called for questioning in a so-called bribe-for-query case on Thursday, accusing MPs of asking her "filthy questions".

Ms Moitra is accused of taking bribes from business tycoon Darshan Hiranandani to ask questions in the house to corner the government over its alleged links with the multi-billionaire Gautam Adani.

Ms Moitra, 49, represents the Trinamool Congress (TMC), the regional and ruling political party in the eastern state of West Bengal and a vocal critic of Prime Minister Narendra Modi, which is widely considered to be close with Mr Adani.

Nishikant Dubey, a parliamentarian from Mr Modi’s Bharatiya Janata Party, has accused her of taking bribes from Mr Hiranandani, a Dubai-based industrialist and chief executive of property conglomerate Hiranandani Group, for allegedly asking questions on his behalf.

She had appeared before the committee in the Lok Sabha, the lower house of the Indian Parliament, but stormed out in protest over the line of questioning.

"They are asking filthy questions ... picking on anything, talking rubbish," she said.

Ms Moitra was asked the number of times she had visited Dubai and in which hotel she stayed.

Footage of her dramatic exit were shown on loop on TV.

Ms Moitra has repeatedly raised questions related to fraud allegations against Mr Adani, following a report by the US-based investment research firm Hindenburg.

Mr Adani, who was ranked the world's third richest person this year, suffered a sharp drop in fortunes after Hindenburg accused him of corporate malpractice, artificially boosting share prices, market manipulation and accounting fraud in his port-to-energy business empire.

The Ethics Committee is investigating allegations that Ms Moitra's questions on Mr Adani were motivated by bribes. If Ms Moitra is found guilty, the committee could recommend her suspension from the house.

What is the 'cash-for-ethics' case?

The alleged case of bribery came to light on October 15 after BJP parliamentarian Nishikant Dubey wrote a letter to the parliament in which he said he had received information from advocate Jai Anant Dehadrai claiming Ms Moitra had shared her parliament website login credentials with Mr Hiranandani.

Mr Dehadrai, 35, is a Delhi-based Supreme Court lawyer and is believed to be Ms Moitra’s former partner.

Mr Nishikant alleges that Ms Moitra had asked 50 questions in the Lok Sabha that were focused on Mr Adani and his conglomerate, allegedly at the behest of Mr Hiranandani, in return of bribes and favours worth 20 million rupees ($240,500).

Mr Dubey claims Mr Dehadrai has shared “irrefutable evidence of bribes exchanged” between Ms Moitra and Mr Hiranandani.

She has denied the allegations and has filed defamation cases at the Delhi high court against Mr Dubey, Mr Dehadrai and several news organisations .

She has also accused Mr Adani of being behind the “bogus” claims.

"The only things I have received from Darshan [Hiranandani] as a close personal friend was one scarf for my birthday present three or four years ago … there is a brand called Bobbi Brown and he bought me lipstick from the brand and eyeshadow," Ms Moitra told news channel India Today.

Darshan Hiranandani. Photo: Linkedin
Darshan Hiranandani. Photo: Linkedin

While she admitted to sharing her login details with Mr Hiranandanil, she insisted it was not illegal.

The Hiranandani Group refuted the allegations but Mr Hiranandani later submitted a “sworn affidavit” to the parliament’s ethics committee claiming Ms Moitra had sought expensive items as gifts from him.

He also claimed she was “ambitious and wanted to make a quick name for herself … and was advised the shortest route to fame is by personally attacking Mr Modi”.

Ms Moitra has questioned the authenticity of the affidavit and claimed Mr Modi’s office had coerced Mr Hiranandani to sign the two-page letter.

“Why would one of India's most respected/educated businessmen sign a letter like this on white paper unless a gun was put on his head to do it?" she said?

A dog and a ‘jilted lover’

The genesis of the bribery case is a bitter custody battle over Ms Moitra and Mr Dehadrai’s jointly adopted dog, Henry.

After the couple had parted ways, they split care of the three-year-old Rottweiler between them, particularly when Ms Moitra was touring her constituency for work in West Bengal’s Krishnagar.

However, she accused him of not returning her dog and filed a number of complaints with police against him alleging criminal trespass, theft, vulgar messages and abuse.

The complaints were withdrawn on October 4, shortly before the allegations of bribery emerged.

Ms Moitra has called Mr Dehadrai a “jilted lover” with an “acrimonious personal history who wanted to somehow get back at me”.

Jai Anant Dehadrai with the dog Henry. Photo: @jai_a_dehadrai / X
Jai Anant Dehadrai with the dog Henry. Photo: @jai_a_dehadrai / X

Mahua Moitra: From investment banker to political firebrand

Ms Moitra is one of India’s most prominent female politicians.

She is known for being a fiery speaker who routinely criticises Mr Modi and his policies, both within parliament and outside of it.

She studied mathematics and economics at the Mount Holyoke College in Massachusetts.

Before she joined politics, she worked as an investment banker in the US and UK.

She quit her job at JP Morgan in London and returned to India where she entered the political fray in 2008. She started off with a brief stint with the Indian National Congress, before joining the TMC, which has been ruling West Bengal for the past 12 years, in 2010.

After working with grassroots voters, she fought a parliamentary election in 2019 in Krishnanagar constituency and won by a majority of 60,000 votes.

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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- Carol Glynn, founder of Conscious Finance Coaching

 

 

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21 Lessons for the 21st Century

Yuval Noah Harari, Jonathan Cape
 

Who is Mohammed Al Halbousi?

The new speaker of Iraq’s parliament Mohammed Al Halbousi is the youngest person ever to serve in the role.

The 37-year-old was born in Al Garmah in Anbar and studied civil engineering in Baghdad before going into business. His development company Al Hadeed undertook reconstruction contracts rebuilding parts of Fallujah’s infrastructure.

He entered parliament in 2014 and served as a member of the human rights and finance committees until 2017. In August last year he was appointed governor of Anbar, a role in which he has struggled to secure funding to provide services in the war-damaged province and to secure the withdrawal of Shia militias. He relinquished the post when he was sworn in as a member of parliament on September 3.

He is a member of the Al Hal Sunni-based political party and the Sunni-led Coalition of Iraqi Forces, which is Iraq’s largest Sunni alliance with 37 seats from the May 12 election.

He maintains good relations with former Prime Minister Nouri Al Maliki’s State of Law Coaliton, Hadi Al Amiri’s Badr Organisation and Iranian officials.

The Bio

Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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7.05pm: Longines Gents La Grande Classique Dh155,000 Handicap 1,200m.
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7.40pm: Longines Equestrian Collection Dh150,000 Maiden 1,600m.
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8.15pm: Longines Gents Master Collection Dh175,000 Handicap.
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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

ABU%20DHABI'S%20KEY%20TOURISM%20GOALS%3A%20BY%20THE%20NUMBERS
%3Cp%3EBy%202030%2C%20Abu%20Dhabi%20aims%20to%20achieve%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2039.3%20million%20visitors%2C%3C%2Fstrong%3E%20nearly%2064%25%20up%20from%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20Dh90%20billion%20contribution%20to%20GDP%2C%3C%2Fstrong%3E%20about%2084%25%20more%20than%20Dh49%20billion%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20178%2C000%20new%20jobs%2C%3C%2Fstrong%3E%20bringing%20the%20total%20to%20about%20366%2C000%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2052%2C000%20hotel%20rooms%2C%3C%2Fstrong%3E%20up%2053%25%20from%2034%2C000%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%207.2%20million%20international%20visitors%2C%3C%2Fstrong%3E%20almost%2090%25%20higher%20compared%20to%202023's%203.8%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%203.9%20international%20overnight%20hotel%20stays%2C%3C%2Fstrong%3E%2022%25%20more%20from%203.2%20nights%20in%202023%3C%2Fp%3E%0A
Bundesliga fixtures

Saturday, May 16 (kick-offs UAE time)

Borussia Dortmund v Schalke (4.30pm) 

RB Leipzig v Freiburg (4.30pm) 

Hoffenheim v Hertha Berlin (4.30pm) 

Fortuna Dusseldorf v Paderborn  (4.30pm) 

Augsburg v Wolfsburg (4.30pm) 

Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)

Sunday, May 17

Cologne v Mainz (4.30pm),

Union Berlin v Bayern Munich (7pm)

Monday, May 18

Werder Bremen v Bayer Leverkusen (9.30pm)

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The lowdown

Rating: 4/5

UAE currency: the story behind the money in your pockets

SM Town Live is on Friday, April 6 at Autism Rocks Arena, Dubai. Tickets are Dh375 at www.platinumlist.net

HWJN
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Gulf Under 19s final

Dubai College A 50-12 Dubai College B

The Africa Institute 101

Housed on the same site as the original Africa Hall, which first hosted an Arab-African Symposium in 1976, the newly renovated building will be home to a think tank and postgraduate studies hub (it will offer master’s and PhD programmes). The centre will focus on both the historical and contemporary links between Africa and the Gulf, and will serve as a meeting place for conferences, symposia, lectures, film screenings, plays, musical performances and more. In fact, today it is hosting a symposium – 5-plus-1: Rethinking Abstraction that will look at the six decades of Frank Bowling’s career, as well as those of his contemporaries that invested social, cultural and personal meaning into abstraction. 

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Updated: November 02, 2023, 2:38 PM