The following is a statement from Jay Newman, Senior Advisor to Devas Shareholders, on India’s falsehoods and sham investigations:
“The bogus fraud allegations against Devas reflect the depth of the government’s dishonesty. And the weakness of its institutions. Serious countries don’t corrupt their judiciary, traffic in falsehoods, and promote sham investigations — all to evade legitimate arbitration awards and the payment of lawful debts owed to Devas. But that is precisely what India is doing in this case.”