18 - Feb - 2023

Retired Supreme Court judge will investigate the frauds of Adani – court rejects the names suggested by the Central Government.

The whole nation is witnessing the share market frauds committed by Adani. The common people, who have invested their hard earned money in the share market, have lost lakhs of crores of rupees. The LIC has invested Rs.30,127 crore in Adani’s companies. The State Bank of India has given a loan of $2.6 billion (Rs.22,620 crore) to Adani. Nobody can tell what will happen to all these loans and investments. But till today, the Modi government has not even started an enquiry in to the frauds committed by Adani. A case was filed in the Supreme Court by some citizens demanding an investigation into the cheatings done by Adani. Under these circumstances, the government submitted 3 names (in a sealed cover) to the Supreme Court for investigating this matter. However, yesterday, the Supreme Court rejected the names submitted by the government and has stated that a retired Supreme Court judge would investigate the frauds of Adani.