Adani row: Congress neta moves Supreme Court for probe | India News

NEW DELHI: Alleging that Hindenburg report indicated that Adani group inflated share price of its various companies to secure loans worth of Rs 82,000 crore and money was laundered by using offshore shell companies set up at various tax havens, a Congress leader moved SC seeking multi-agencies court monitored probe against the group.
The petitioner, Jaya Thakur who is general secretary of Madhya Pradesh Mahila Congress, also sought probe into role of LIC and SBI to invest huge amounts of public money in the FPO of the Adani Enterprises at Rs 3,200/- per share whereas the prevailing market rate of shares of Adani Enterprises in the secondary market was Rs 1,800/- per share approximately.
Thakur also alleged that narcotics drugs were seized several times at Mundra Port owned by Adani group but no action has been taken by any investigating agency and that should also be probed.
The petitioner, Jaya Thakur who is general secretary of Madhya Pradesh Mahila Congress, also sought probe into role of LIC and SBI to invest huge amounts of public money in the FPO of the Adani Enterprises at Rs 3,200/- per share whereas the prevailing market rate of shares of Adani Enterprises in the secondary market was Rs 1,800/- per share approximately.
Thakur also alleged that narcotics drugs were seized several times at Mundra Port owned by Adani group but no action has been taken by any investigating agency and that should also be probed.

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