Questions role of PM, HM, FM needs to be probed as they gave investment advice
New Delhi : Former Congress president Rahul Gandhi today alleged a scam worth Rs 30 lakh crores on account of fake Exit Polls which prompted massive buying of shares followed by market crash once the actual poll results were declared.
Gandhi demanded an inquiry by the Joint Parliamentary Committee (JPC) to probe the role of the Prime Minister, the Home Minister and the Finance Minister.
Addressing a press conference at the AICC headquarters here today, Gandhi pointed out that Prime Minister Narendra Modi, the union Home Minister Amit Shah and the union Finance Minister Nirmala Sitharaman all advised people to buy stocks before June 4, the date of results.
He alleged that fake Exit Polls were pedalled on June 1 at the end of the last phase of elections, which led to massive buying on June 3, a day before the actual counting. When the actual results were way off the mark from the Exit Poll claims, the market crashed leading to loss of Rs 30 lakh crores to the retail investors, he pointed out.
The former Congress president observed that all this was deliberately and wilfully planned and executed. He claimed that the BJP knew that its seats were not going to be more than 220 from its internal survey and the feedback from the intelligence agencies. He said, despite that, the Exit Polls were made to show that the BJP was winning a large number of seats.
Besides, he pointed out, the interviews were carried out by the channels owned by Adani. He asked, why did the PM and the HM need to give investment advice which people are bound to take seriously, which they did, and suffered huge losses.
Gandhi asserted that the Congress was absolutely convinced that this was a scam as somebody has made thousands of crores of rupees at the cost of retail Indian investors as the PM and the HM had given an indication to buy. “This is a criminal act”, he remarked.
He said that the Congress wants a JPC investigation to probe the role of the Prime Minister, the Home Minister, the Finance Minister, the fake Exit Pollsters and the dubious foreign investors.
Narrating the chronology of events, he said, on May 13, Home Minister Amit Shah said, “buy shares before June 4” and on May 19, Prime Minister Narendra Modi said, “stock market will break records on June 4”.
Consequently, he pointed out, on June 3, the stock market broke records and reached an all-time high, only to crash the next day on June 4, when the actual results were out. He said, this led to loss of Rs 30 lakh crores to investors, particularly the small and the retail investors.
Congress general secretaries KC Venugopal and Jairam Ramesh were also present during the press conference.
