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Biggest "money heist" since 1947: Jairam Ramesh's Adani reference to PM Modi
Updated On: 13 December, 2023 09:30 AM IST | New Delhi | mid-day online correspondent
The senior Congress leader said that the people pay the price for Adani`s rise via "inflated electric bills"
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Jairam Ramesh. File Pic
In response to Prime Minister Narendra Modi`s `Money Heist` dig, Congress General Secretary in-charge Communications Jairam Ramesh drew a reference to Adani, saying that the nation seeks an explanation from the government on the "biggest money heist since 1947".
"The nation wants you to explain the biggest "money heist" since 1947. Your close friend Adani siphons out Rs17,500 crore from India by inflating the prices of imported coal and power equipment. He brings another Rs20,000 crore back into India via offshore shell companies and inflates his stock prices under SEBI`s eyes. He borrows billions from banks at his service using inflated stocks as collateral. He invests the money in projects kindly gifted to him using ED, CBI and IT. He zooms from literally nowhere to the second richest man in the world," Jairam Ramesh said in a post on `X` on Tuesday.
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