Adani Row: The Congress is constantly attacking PM Modi and his government regarding the Adani case. In this episode, on Saturday, Congress General Secretary Jairam Ramesh asked three questions under the party’s Hum Adani Ke Hain Kaun series.
General Secretary Jairam Ramesh said that ‘today is Mahashivratri…. Prime Minister, break the silence today!’ Now know these are the three questions of Congress
Did the call happen on your instructions?
A union minister called 5-6 businessmen on behalf of Gautam Adani and urged them to invest in his FPO to save Adani from embarrassment? Is this not a matter of conflict of interest worthy of investigation? Did the Union Minister do this on your instructions?
did you cheat
Were the businessmen who were pressured to salvage the Adani FPO, assured that all this exercise was to save the reputation of Gautam Adani and later the FPO would be cancelled. Will the investors get their money back? Is it not a violation of Indian securities regulations to hide this information from most of the investors and share it only with a select few? Is it ethical to cheat FPO investors like this?
Why did LIC and SBI invest?
Investors in the Adani FPO included LIC, State Bank Employees Pension Fund, SBI Life Insurance Company. Were instructions issued to LIC and SBI to make investments to bail out the Adani group by tapping the savings of crores of Indians?
“Today is Mahashivaratri….Prime Minister, break your silence today!”
Congress leader Jairam Ramesh asked three questions to PM Modi regarding Adani#AdaniGroups #PMModi | Jairam Ramesh pic.twitter.com/dsDohhYRTU
— News24 (@news24tvchannel) February 18, 2023
Actually, the American short seller company Hindenburg Research made a report public on 24 January. It was claimed that companies of Adani Group were rigging stocks. Since then the market value of the group companies has declined by more than $100 billion.
Also read: Adani Row: Gautam Adani pledged shares of three companies, SBICAP trustee revealed, know the whole matter