TIWN June 6, 2024

AGARTALA, June 6 (TIWN): Indian opposition party Congress brought a scam accusation against the BJP Government which the party leader Rahul Gandhi alleged, was committed jointly by BJP top leaders including Prime Minister Narendra Modi and Home Minister Amit Shah and some media houses owned by Narendra Modi’s close businessmen, causing a loss of crores of retail investors. Addressing a press meet, Rahul Gandhi from Delhi headquarters explained that Prime Minister Modi and Home Minister Amit Shah asked people to invest in the stock market in an attempt to convince them with the claim that the stock market will go up on June 4.
But it did not happen and their claims were reserved costing a loss of Rs. 30 lakh crore to 5 crores of retail investors.
Addressing media Rahul Gandhi said, “It happened first time in Indian history that during the election, the Prime Minister and home Minister commented on the stock market, not once but repeatedly. The Home Minister directly asked the people to buy shares as on 4th June, the stock market was going to shoot up. The same message was delivered by the Finance Minister.”
Explaining through a chronology, Rahul Gandhi said, “Amit Shah said to buy shares before 4th June. On 19th May, PM Modi said, the stock market will break records. He repeated it on 28th May. On June 1st, the media released fake exit polls. On June 3rd, stock market broke all records and on June 4th, suddenly stock market collapsed.”
Showing the next slide, Rahul Gandhi said, “On 31st May, there was massive stock activity, breaking all records of last few days. Who are these people---they are the same people who knew that some embezzlement was going on. As a result, it cost a loss of Rs. 30 lakhs to retail investors. Indeed, it was the biggest stock market scam in the nation.”
Rahul Gandhi raised a few questions after the explanation :
- Why did PM and HM give specific investment advice to the 5 crore families investing in the stock market? Is it their job to give investment advice?
- Why both interviews were given to the same media house owned by the same business group which is also under SEBI investigation for manipulating the stock market?
- What is the connection between the BJP, the fake poll exit poll, and the dubious foreign investors? Who invested one day before the exit polls were announced and made a huge profit at the cost of five crore families?
Congress demanded a JPC into this, saying, “We are absolutely convinced that this is a scam.”
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