AAP MP Sanjay Singh on Friday accused Prime Minister Narendra Modi of favouring Gautam Adand alleged that he was responsible for major losses in the stock market.
«The entire nation is in turmoil today. Nearly Rs 5.5 lakh crore of people's wealth has been wiped out in the stock market because of the fraud committed by Prime Minister Modi's friend, Adani,» Singh said.
He recalled the Hindenburg report incident, stating that a similar crash had occurred then, but the Prime Minister remained silent. «Modi, who comments on minor thefts like a buffalo or mangalsutra being stolen, is quiet when lakhs of crores of public money disappear,» he added.
Singh further lashed out at PM Modi's international visits, alleging they benefit Adani instead of the country. «When the Prime Minister travels abroad, people believe he is strengthening India's position globally. But in reality, he is working to strengthen his friend Adani,» he said.
Singh alleged that Adani misled Indian stock exchanges about the U.S. investigation and questioned regulatory inaction. «Why is SEBI silent? Why is Modi shielding Adani? Modi even changed rules to award Adani airport contracts,» Singh said, labelling Modi as «Adani's Prime Minister.»
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