"largesse given to Adani" company." />
Thursday, Apr 18 2024 | Time 11:20 Hrs(IST)
image
States » West


The malpractices of Adani Group should be probed by an independent SIT : Patole

The malpractices of Adani Group should be probed by an independent SIT : Patole
file photo

Mumbai, Jan 28 (UNI) Maharashtra Pradesh Congress Committee (MPCC) President Nana Patole on Saturday demanded that a complete investigation of investing public money in Gautam Adani companies by Narendra Modi should be done through an independent SIT as there is fear of crores of rupees being lost due to the "
"largesse given to Adani" company.
In his statement Patole said that,the close relationship between Prime Minister Narendra Modi and industrialist Adani is known to the whole world. Modi invested money of common people in public sector companies including State Bank of India, LIC in various companies of his industrialist friend without any thought.
Mr Patole said that the relationship between industrialist Mr Adani and Mr Modi is known to the public since before they came to power at the Centre.
After coming to power at the Centre, due to this relationship, the Modi government granted billions of rupees in loans from State Bank of India, showing special favor to Adani's companies. Rs 74,000 crore has been invested in Adani's company from LIC, the country's largest and general investor insurance company.
Adani reached the second position in the list of the world's richest businessmen only because of the blessings of the Modi government.

Even profitable government companies have been handed over to Adani by the Modi government. As soon as it became clear that Adani company is in a big mess, the shares of these companies collapsed and government companies like SBI, LIC also suffered a big financial hit.
Adani's bubble has burst today. Subrata Roy of Sahara Company also had a similar influence but Sahara's bubble burst and Subrata Roy had to go to jail. Crores of people lost their money. Adani's situation will also be similar to Sahara's Subrata Roy,he added.
UNI VKB RKM

More News

Maha: Gutka worth lakhs seized in Sangli, 1 arrested

18 Apr 2024 | 1:35 AM

Sangli, Apr 17 (UNI) In a joint operation with Constant Survey (CS) team, the Rural Police on Wednesday seized gutka worth lakhs of rupees from a tempo at Mhaishal check-post on Miraj-Kagwad highway in Miraj tehsil of the district and arrested its driver in this connection.

see more..
Maha: Seven of family killed in fatal road accident in Sangli

Maha: Seven of family killed in fatal road accident in Sangli

18 Apr 2024 | 12:09 AM

Sangli, Apr 17 (UNI) Seven members of a family were killed, five of them on the spot, when their speeding car rammed into a private luxury bus from behind on Vijapur-Guhagar national highway near Jat of the district on Wednesday night.

see more..
Maha: Massive public anger against Modi Govt: MPCC chief

Maha: Massive public anger against Modi Govt: MPCC chief

17 Apr 2024 | 11:42 PM

Mumbai, Apr 17 (UNI) Maharashtra Pradesh Congress Committee (MPCC) president Nana Patole said on Wednesday that there is massive public anger and intense dissatisfaction against the Narendra Modi government at the Centre.

see more..

Maha: Campaigning in 5 LS constituencies of Vidharbha end

17 Apr 2024 | 10:26 PM

Mumbai, Apr 17 (UNI) Campaigning for first phase of the Lok Sabha elections due to be held on April 19 in five constituencies of Vidarbha region in Maharashtra ended on Wednesday evening.

see more..

Maha: 1,41,457 new voters in 5 LS constituencies to cast their votes in 1st phase

17 Apr 2024 | 9:47 PM

Mumbai, Apr 17 (UNI) This year 1,41,457 new voters in age group of 18-19 years in five constituencies of Vidarbha region in Maharashtra will exercise their right to vote in first phase of the Lok Sabha elections due to be held on April 19.

see more..
image