Friday, Mar 29 2024 | Time 06:46 Hrs(IST)
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States » East


Why is Modi government mum on Adani group fraud: Lalan

Patna, Feb 5 (UNI) JD(U) president Rajeev Ranjan Singh alias Lalan Singh on Sunday asked why the Narendra Modi government was maintaining a stoic silence on "fraud" of the Adani group of companies and also wondered why the debate on this serious issue was not being allowed in parliament.
Singh told media persons here that the Adani Group companies' "fraud", which had come to light recently after an investigation by a foreign agency Hindenburg, has serious repercussions as the Life Insurance Corporation of India had invested more than Rs 42,000 Crores in the group. He added that this amount was the hard-earned money of the common man and not of the government. Similarly, the State Bank of India (SBI) had also given huge loans to the group, he pointed out.
The JD(U) leader said the common man deposited the money as a premium in the LIC for a secured future and life insurance. "What would happen to them, if the
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