Former Congress president Rahul Gandhi on Monday questioned why public financial institutions handling retirement funds were investing their fund in the Adani Group even after serious allegations against the group.
Mr. Gandhi’s tweet was in reaction to The Hindu’s news break about the Employee Provident Fund Organisation (EPFO) continuing to invest in the Adani Group, at least until September even as other investors are reassessing their exposure to the embattled group.
“LIC’s capital, to Adani! SBI’s capital, to Adani! EPFO’s capital too, to Adani! Why is public’s retirement money being invested in Adani’s companies even after ‘Modani’ exposed? Mr. Prime Minister, no investigation, no answer! Why so much of fear,” Mr. Gandhi asked in a tweet in Hindi.
The Congress leader, who has been attacking Prime Minister Narendra Modi on his relationship with industrialist Gautam Adani, had linked his disqualification from the Lok Sabha with his speech in the Lower House on February 7 where he had questioned the Modi government’s relationship with Mr. Adani.
”Our HAHK – Hum Adani ke Hai Haun – series had posed 100 questions to the PM on his role in the Adani MahaMegaScam. But it seems new questions are arising. The EPFO trustees are unaware that crores of their members’ retirement savings are still being invested in two Adani firms,” tweeted Congress communication chief Jairam Ramesh while tagging The Hindu report.
