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The Hindu
The Hindu
National
The Hindu Bureau

Congress promises to set up parliamentary committee to probe violations of Adani Group

Adani Adani Group the Adani Group Party Chang ChungLing SEBI JPC

The Congress on April 23 reiterated its position of setting up a joint parliamentary committee (JPC) to investigate allegations of violations of rules by the Adani Group, if the party came to power at the Centre.

Party general secretary (Communication) Jairam Ramesh claimed that the Securities and Exchange Board of India (SEBI) had found that certain offshore funds invested in the Adani Group “violated disclosure rules and breached investment limit”.

Mr. Ramesh, in a statement, alleged that after years of “prevarication and timidity”, India’s stock market regulator appeared to have finally identified the key players of the Adani MegaScam.

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