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.
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