Under 'Hum Adani Ke Hain Kaun', Congress asked 3 new questions PM Modi for the second consecutive day

Congress is protesting from Parliament to the road, demanding an inquiry into the allegations of financial fraud against the Adani Group. Today, leaders of several opposition parties, including the Congress, protested near the Gandhi statue in the Parliament complex. Along with this, Congress protested in various states of the country. While talking to the media, Rahul Gandhi said that "I have been speaking about the government for a long time that 'Hum Do, Hamare Do'. The government is scared that Adani ji may not be discussed in the Parliament. There should be a discussion on this. You people know the reason why this should not be discussed. I have been raising this issue for 2-3 years. We want this to be discussed and everything should be clear. Corruption of lakhs of crores of rupees has happened The encroachment on India's infrastructure should be investigated and the country should also know the power behind Adani ji."

Apart from this, on Sunday, Congress leader Jairam Ramesh asked Prime Minister Modi three questions while targeting Prime Minister Modi. Along with this, it was said that from today the Congress party would ask the PM three questions daily on this issue. Under this Jairam Ramesh has again issued a statement and questioned PM Modi.

Hitting out at the issue of LIC's investment, Jairam Ramesh asked PM Modi "what is your government's long track record of using LIC funds to bail out failed disinvestments like IDBI Bank, New India Assurance and General Insurance Corporation" It is one thing to rescue public sector companies from such situations, but it is another thing to use the savings of 30 crore loyal policyholders to make their capitalist friends richer. LIC has invested so much in the risky Adani Group. How did it, when even private fund managers shied away? Is it not the duty of the government to ensure that important public sector financial institutions are more careful while investing than their private sector counterparts? Or is it your responsibility Another example of your 'banking of the mind' to benefit capitalist friends?"

In the second question, Jairam said that "allegations of fraud and money laundering against the Adani Group have been in the public domain for some time. Who are the real beneficiaries of the investments of major funds in the Adani Group? Many questions have been raised in this regard. In cases of fraud related to the actual ownership of investors, a total of 4 cases have been investigated by SEBI including one case investigation. Given this information, whether the Prime Minister's Office, Ministry of Finance or LIC has taken any action regarding these suspicious investments. Were any concerns raised? Were such concerns dismissed and if so, by whom?"

The third question of the Congress today was regarding the confidence of retail investors and the decline in LIC. Jamram Ramesh said that "the value of Adani Group shares bought by LIC in the first sell-off after the Hindenburg allegations fell by ₹32,000 crores, leaving the value of its shares at ₹56,142 crore as on 27 January 2023, according to LIC's admission" Since then many stocks of Adani Structure have fallen by more than 50%. Will you publicly share the correct information about the loss of investment made by LIC in Adani Group after January 24? 2 in the Nifty 50 index LIC's list price has fallen by 14% in the last two weeks as compared to a 3.4% fall. As the directionless investment by LIC in Adani Group is eroding the confidence of its 34 lakh retail investors. What steps will you take for that?"

After the Hindenburg report, the entire controversy regarding the Adani Group has turned into a government versus opposition, with the opposition continuously targeting the silence of the government and PM Modi. Rejecting the Hindenburg report, a statement has come out from the Adani Group, but no statement has come out regarding the allegation of corruption being levelled by the opposition. Because of this now this issue has become government versus opposition.