Cong to intensify demand for JPC on Adani issue: AICC leader

Senior AICC leader Harish Choudhary addressing press conference in Jammu on Friday. -Excelsior/Rakesh
Senior AICC leader Harish Choudhary addressing press conference in Jammu on Friday. -Excelsior/Rakesh

Excelsior Correspondent

JAMMU, Feb 17: Launching a scathing attack on Modi Government for maintaining silence on Adani issue, senior AICC leader and incharge party affairs in Punjab & Chandigarh, Harish Choudhary today questioned silence of the PM Modi on the demand for a Joint Parliamentary Committee (JPC) probe over the issue.
Addressing a Press Conference here today, Choudhary questioned the silence of PM Modi over the major demand of JPC into the mega scam involving the hard earned money of the crores of countrymen.

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Choudhary made serious charges that during the period between January 24 to February 15, 2023, the share value of Adani Group noticed a downfall of 10,50,000 crore. The value of shares of Adani Group purchased by LIC was 83,000 crores on Sept 30, 2022 which fall to 39,000 crores on Feb 15, 2023 which means loss of 44,000 crores of the savings of 30 crore LIC policy holders.
He said, despite all this, the Modi Govt compelled LIC to invest additional Rs 300 crore in the follow-on public offer (FPO) of the Adani enterprises.
Choudhary further said that on July 2021, the Finance Ministry had admitted in the Parliament, that Adani Group is under investigation on the charges of violations of the norms of SEBI but still the Adani Group was allowed, a hike in the value of its shares in the market. The promoters of Adani Group were also found to be involved in the share market fraud in the 2001 Khetan Darekh scam, he added.
Inspite of all these charges, instead of ordering a probe, the Prime Minister Modi has offered more opportunities during its ” Mitar Kaal” budget this year, he alleged stating that on June 14, 2022, Adani group announced investment of 50 billion dollar in the ” total energy ” of France, as partnership in the green hydrogen, while on January 4, 2023, the Central Finance Ministry granted sanction of 19744 crore for Nation Green Hydrogen Mission. However the ” Total Energy” has stopped its partnership in this project & whether there is any business announcement of Adani Group whereby any subsidy was not paid out of investors money.
AICC leader further said that the Finance Minister announced during budget on 1st Feb, the revival of 50 airports, how many out of them would benefit Adani Group, he questioned.
Today Adani Group controls 13 ports and Terminals, which 30% of the total port capability of India and 40% of the total Container Traffic. Is it right to give huge control to a group facing allegations of investment of foreign shell companies etc.
It is publically known that Gautam Adani accompanied PM Modi during several foreign visits. After Israel trip of July 4-6, 2017, Adani Group got a major role in India-Israel defence relationship matter without any prior expertise in the field, the group set up joint projects in the field of drones, electronics, small weapons and aero- plane maintenance ignoring these are several public sector and Start Up Companies in this field.
Citing several other instances in the manner, Harish Choudhary lashed out at the BJP Govt for not responding the call of the nation for a Joint Parliamentary Probe (JPC) into this serious matter involved hard earned money of crores of Indians.
The party while intensifying its campaign seeking JPC probe, today held simultaneous Press Conferences at 23 places across the country including Jammu and Kashmir, to put the PM Modi on test over the issue.
AICC leader was flanked by JKPCC president Vikar Rasool Wani, working president Raman Bhalla, chief spokesperson Ravinder Sharma and former minister Yogesh Sawhney.