'People Losing Money In LIC, SBI': Congress Slams Govt As It Refers To Hindenburg Report, Asks For Probe

Samajwadi Party leader Ramgopal Yadav, Shiv Sena MPs Sanjay Raut and Priyanka Chaturvedi, and Rashtriya Janata Dal MP Manoj Jha were present with Kharge during the press conference. 

Opposition demands JPC or Supreme Court probe over Hindenburg report on Adani

Source : ANI

New Delhi: Congress President Mallikarjun Kharge Thursday held a press conference with other Opposition leaders in the national capital and said that people were losing their money in public institutions like LIC and SBI. Kharge's statements were in reference to the Hindenburg report and demanded formation of a Joint Parliamentary Committee or Supreme Court to probe into the drain of funds from the public sector banks.

"Today LIC and SBI in which crores of poor people deposit their money has been ruined," Kharge said, adding "people are losing crores of rupees by investing in LIC, SBI and other nationalised banks. We need to have a discussion in Parliament to know the truth," he added. 

We want (Centre) to form a JPC to investigate this or take a day-to-day report under supervision of CJI. People are losing crores of rupees by investing in LIC, SBI & other nationalised banks. We need to have a discussion in Parliament to know the truth: LoP Mallikarjun Kharge pic.twitter.com/k0XQswAVH0

— ANI (@ANI) February 2, 2023

"Shares of a company fell after Hindenburg's report, the name of the owner of the company is known to all," he said. "How is the government getting money from such a company?" Kharge addded. 

"That's why we want an inquiry on this, either a JPC should be formed or an inquiry should be conducted under the supervision of the Supreme Court, whose report should be made public on a daily basis," Kharge demanded.

Samajwadi Party leader Ramgopal Yadav, Shiv Sena MPs Sanjay Raut and Priyanka Chaturvedi, and Rashtriya Janata Dal MP Manoj Jha were present with Kharge during the press conference. 

Kharge said that the Opposition gave a notice of suspension of business "to discuss the issue of investment by LIC, Public Sector Banks and financial institutions in companies losing market value, endangering the hard-earned money of crores of Indians."  "But whenever we give notice it is rejected," he added. 

(With inputs from ANI)