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Mahesh Jethmalani on Friday dismissed the Opposition’s allegation that investments by LIC in the Adani Group were made at the government’s behest and said there was no justification to the demands for a joint parliamentary committee probe into the matter.
Lok Sabha and Rajya Sabha proceedings were adjourned till 2 pm and 2:30 pm, respectively, on Friday due to protests by opposition members into the fraud-allegation-triggered rout in the group’s stocks, with members in the Lower House demanding a probe by a joint parliamentary committee (JPC).
Wrongdoing in these investments, if any, would be probed by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI), the Rajya Sabha member said.
“What does the government have to do with this? Nobody has said what the government’s role is in this.
