Why is the Congress alleging the involvement of Adani Group in a major scam
Congress accuses Adani Group of being involved in ‘the biggest scam in Independent India’, demands JPC probe
- The Congress party has alleged that the Adani Group, one of India's largest conglomerates, is involved in 'the biggest scam in Independent India'.
- The party has demanded a Joint Parliamentary Committee (JPC) probe into the matter.
- The Congress alleges that the Adani Group has taken loans from public sector banks and allegedly siphoned off a significant amount of money through over-invoicing of imports and under-invoicing of exports.
- They claim that this has resulted in a loss of revenue for the government and has impacted the country's economy.
- The Congress further alleges that the Adani Group has ties to people in influential positions within the government, facilitating the alleged wrongdoing.
- The party demands a thorough investigation into these allegations to determine the extent of the scam and hold those responsible accountable.
- The Adani Group has categorically denied all allegations and stated that they are politically motivated.
- They assert that they have always complied with all laws and regulations and have made significant contributions to the Indian economy.
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a year ago