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Congress demands JPC inquiry into alleged stock market scam Involving PM Modi

08:41 PM Jun 06, 2024 IST | NE NOW NEWS
UpdateAt: 08:41 PM Jun 06, 2024 IST
congress demands jpc inquiry into alleged stock market scam involving pm modi
Rahul Gandhi
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NEW DELHI: Congress leader Rahul Gandhi, on Thursday (June 06), demanded a Joint Parliamentary Committee (JPC) investigation into what he described as the “biggest stock market scam”, implicating Prime Minister Narendra Modi, home minister Amit Shah, and other high-ranking officials.

Rahul Gandhi raised concerns over the recent fluctuations in the stock market and their connection to the exit polls.

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During a press conference, Gandhi highlighted that the stock markets surged following ‘fake’ exit polls but plummeted on June 04, the day Lok Sabha poll results were announced.

He claimed this market crash resulted in a loss of Rs 30 lakh crore for retail investors, labelling it the “biggest stock market scam”.

“For the first time, we observed that during the polls, Prime Minister Modi, Home Minister Shah, and Finance Minister Nirmala Sitharaman made comments on the stock market,” Gandhi stated.

He posed three critical questions regarding the alleged scam, questioning why Modi and Shah advised citizens to invest in the market.

Gandhi also scrutinized the exclusive interviews given by the PM and the home minister to TV channels associated with the Adani Group, which are under investigation by the Securities and Exchange Board of India (SEBI).

He questioned the role of these channels in the context of the alleged scam.

Furthermore, Gandhi expressed suspicions about the link between the Bharatiya Janata Party (BJP), ‘fake’ exit polls, and foreign investors.

He alleged that senior BJP members orchestrated the stock market scam, calling for a thorough JPC inquiry to uncover the truth behind these claims.

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