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Congress, Shiv Sena-UBT condemn Sebi investigation of Adani Group for being closed since 2016

jaswant singhbyjaswant singh
May 15, 2023
Congress, Sena-UBT slam govt after SEBI tells SC that it was not probing Adani Group since 2016

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New Delhi, May 15 (). Hours after SEBI informed the Supreme Court on Monday that it was not probing any serious allegations against the Adani group since 2016, the Congress hit out at the central government, accusing it of misleading Parliament and said That this is called sleeping by selling horses.

Congress general secretary Jairam Ramesh, who is also the party’s communication in-charge, said in a tweet: Minister of State for Finance Pankaj Chowdhary told the Lok Sabha on 19 July 2021 that SEBI is probing the Adani group. Now SEBI has told the Supreme Court that it is not probing any serious allegation against Adani!

How bad – misleading Parliament, were millions of investors defrauded by alleged money-laundering and round-tripping using shell companies? Or worse, was there a stopping hand from above?

Shiv Sena-UBT Rajya Sabha member Priyanka Chaturvedi hit out at the government in a tweet saying: So, SEBI denies any investigation of Adani companies since 2016 by giving his statement in court, was the junior finance minister lying to the nation? Was the answer given by him in Parliament on 19 July 2021 false? It smacks of a cover-up, but at whose behest?

The remarks by the Congress and the Shiv Sena-UBT faction came after SEBI informed the Supreme Court on Monday that the allegation that it is probing the Adani group since 2016 is factually baseless.

The Securities and Exchange Board of India (SEBI) filed a rejoinder affidavit in the apex court saying: The allegation that the Securities and Exchange Board of India is probing Adani since 2016 is factually baseless…

On May 12, the Supreme Court had asked Sebi to complete the investigation related to the Hindenburg Research Report controversy on Adani group companies, at the most, and three more months to complete the probe. can give. On April 29, SEBI had moved the Supreme Court seeking an extension of six months to complete the probe into Hindenburg’s allegations.

SGK

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