Aam Aadmi Party MP gives business suspension notice...
Aam Aadmi Party (AAP) MP Sanjay Singh gave a suspension of a business notice on 2 February 2023 to Rajya Sabha chairman Jagdeep Dhankar to discuss about the allegations of financial irregularities and fraud by the Adani group under the rule 267.
With the reference of Hindenburg research report, Singh mentioned that crores of rupees from many banking sectors including the state bank of India are in danger Adani group manipulates their share and did fraud on large scale and these allegations are so true that even the life insurance corporation of India (LIC) that hold the shares of 81 thousand crores of Adani group lost nearly Rs 16,580 crores.
As per the report, the seven listed companies of Adani Group over evaluated more than 85 percent and these companies have taken loans by mortgaging their shares. Even many cases have been registered against the group and family of Adani.
Singh asked in the notice to investigate the matter sooner because many lives of Indians are at stake who invested in companies like LIC and SBI and he wants to discuss this serious matter in the House.
In response to the research on Sunday, the Adani group said that the research was not an attack on an individual company it is a calculative attack on India.
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