Business Blog: Congress cites media reports to slam Sebi probe into Adani issue

Tuesday, August 29, 2023

Congress cites media reports to slam Sebi probe into Adani issue

The Congress has cited media reports suggesting that SEBI may let off the Adani conglomerate with "token fines" for "technical violations" to question the investigation into the Adani issue. The party alleges that this demonstrates India's transition to a "kleptocracy" and accuses the government of using investigative agencies to protect Prime Minister Narendra Modi's "close friends". The party is calling for a joint parliamentary committee probe to investigate the Adani issue.

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