Why is Finance Minister silent on Adani Group stock fall? – Congress

Why is Finance Minister silent on Adani Group stock fall?  – Congress

New Delhi:

Gautam Adani, one of India’s and Asia’s richest man, has slipped to 7th place on the world’s richest list due to a fall in his Adani Group shares, according to reports.

Adani Group shares fell for a second straight day on Friday morning, with Adani’s assets falling to seventh place, according to reports.

Meanwhile, LIC And the Congress has questioned why the Union Finance Minister and the investigating agencies are keeping silent even after buying shares in SBI and Adani Group and losing 78 thousand crores.

In this regard, Randeep Surjiwala, a senior leader of the Karnataka Congress, said in a Twitter message that the American investigative agency Hindenburg has exposed the serious fraud complaints of the Adani Group. 4.17 lakh crore has been lost in the value of shares of these group companies. LIC The stock lost Rs 22,442 crore. LIC Public Money. After the Hindenburg report, the value of LIC’s investment in Adani Group shares fell from Rs 77,000 crore to Rs 53,000 crore – a loss of Rs 23,500 crore. Why is LIC still investing Rs 300 crore in Adani Group?

Why do this? RBI, SEBI, Enforcement Directorate, CBI and Union Finance Minister have been keeping silent on this issue. The Prime Minister should explain this. The finance minister has posted that a detailed inquiry should be ordered.

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