Rahul Gandhi alleges biggest stock market scam, demands JPC probe

After the closure of markets on Thursday, Congress chief Rahul Gandhi hit out on the BJP authorities alleging the ‘biggest stock market rip-off’ involving ballot speeches, Exit Poll manipulation and stock market erosion on June 4, 2024.

“Why did the PM and Union Home Minister give particular funding recommendation to the 5 crore households investing within the stock market?” requested Rahul Gandhi at a press convention in New Delhi. “Is it their job to present funding recommendation? Why had been each interviews given to the identical media channels belonging to the identical enterprise group that’s being probed by SEBI over allegations of manipulating stock?” mentioned Rahul Gandhi.

“What is the connection between the BJP, the pretend exit pollsters and the doubtful overseas buyers who invested someday earlier than the exit polls had been introduced and made an enormous revenue at the price of 5 crore salaries?” he famous.

“We demand a JPC as we’re satisfied that this can be a rip-off. Somebody has made 1000’s of crores of rupees at the price of Indian retail buyers and the Prime Minister and the Union Home Minister have given a sign to purchase. So we demand in the present day a joint parliamentary committee to research this,” he mentioned within the media briefing.

Referring to the cases, he referred to May 23 speech when the Prime Minister had mentioned that the stock market will hit new highs after the Lok Sabha election outcomes. “I can say with confidence that on June 4, as BJP hits report numbers, the stock market will even hit new report highs,” he had mentioned.

Following that, on May 13, Union residence minister Amit Shah had additionally urged to not hyperlink the stock market actions on to the continued Lok Sabha elections.”The market has nosedived up to now as properly. So one mustn’t hyperlink it on to elections. Anyway, some rumours might have fuelled it, however for my part, purchase earlier than June 4. The market goes to shoot-up,” he had instructed NDTV revenue.