New Delhi: Former Congress president Rahul Gandhi Wednesday alleged that the State Bank of India and the Life Insurance Corporation of India have been “forced” to make investments to avoid wasting the Adani group which put individuals’s life financial savings in peril. He sought to know who ordered the SBI and LIC to put money into industrialist Gautam Adani’s group.
In a video, launched underneath the collection “Mitrakaal-2, Aapka paisa, Adani par lootaya (Your money handed over to Adani)”, Gandhi mentioned the SBI is the most important financial institution within the nation and requested whether or not the LIC and SBI ordered to avoid wasting the Adani Group.
LIC को अडानी ग्रुप के शेयर्स के भाव गिरने के कारण अपने निवेश में हर दिन लगभग ₹1000 करोड़ का नुकसान हो रहा है।
देश पूछ रहा है – आखिर किसके दबाव में, LIC-SBI ने जनता की कमाई अडानी पर लुटाई?
Watch: https://t.co/lJS9tpTpKR pic.twitter.com/ND110tkETx
— Rahul Gandhi (@RahulGandhi) March 1, 2023
“Why did LIC invest so much in the risky Adani Group? When the veil from these things will be lifted, it will be known how much loss has been done to the country,” he mentioned. “You kept your hard-earned money and savings for the future of your family and children. The question is, who is putting your money at risk,” the previous Congress chief requested.
Alleging that the LIC and SBI have been “forced” to speculate to avoid wasting the Adani group, Gandhi mentioned, “Do you want to jeopardize the future of your children? My question is to you people, why is your money being used to save the Adani Group?”
“Why hasn’t the private sector invested money in the Adani group? Is it not the duty of the prime minister to ensure that public money invested in LIC is safe?” he requested. The Congress chief requested, “Will the Prime Minister reveal the truth about the loss suffered by the LIC from January 24, 2023, due to its investment in the Adani Group? What is the prime minister doing to address the concerns of retail investors investing in Adani Group.”
He claimed that the Adani group has lengthy been dealing with allegations of cash laundering, forgery, and the usage of shell corporations. “Who is behind these shell companies? Who ordered SBI and LIC to save the Adani group,” Gandhi requested.
The costs come after US-based finance firm Hindenburg Research made a number of allegations towards Adani Group together with fraudulent transactions and manipulation of share costs. Adani Group had termed these allegations as false and mentioned that it has adopted all of the legal guidelines and provisions.