opposition leaders parliament session adani issue february 3 2023
The HinduProceedings in both Houses of Parliament remained paralysed for the second day on Friday as Opposition members persisted with their demand for a probe by a Joint Parliamentary Committee into allegations of fraud against the Adani Group made by U.S.-based short-seller Hindenburg Research. Opposition members in both the Lok Sabha and the Rajya Sabhja moved adjournment motions to discuss the issue as they alleged that public financial institutions such as the Life Insurance Corporation and the State Bank of India had become vulnerable because of their exposure to the group. Soon after the Lok Sabha met for the day, the Opposition members were on their feet shouting slogans and demanding a probe into the tanking of the Adani Group stocks. Fifteen Opposition members moved a motion under Rule 267 demanding a debate on “frauds in investment by LIC, SBI, Public Sector banks and other financial institutions losing market value, endangering the hard earned savings of crores of Indians”.