Need disclosures from LIC
If LIC has invested 85000 crores of public money in Adani companies which they have they need to present to the public the detailed files on it.
Who authorised? What did each board member and the chairman say especially given the fact that Adani auditors are completely unknown.
If due diligence wasnt done by LIC and they invested based on recommendations those file must be disclosed as well.
People are worried about LIC two of my employees called over the weekend saying their daughters only savings policies are in LIC. It’s important to provide reasoning and disclosure. more
Who authorised? What did each board member and the chairman say especially given the fact that Adani auditors are completely unknown.
If due diligence wasnt done by LIC and they invested based on recommendations those file must be disclosed as well.
People are worried about LIC two of my employees called over the weekend saying their daughters only savings policies are in LIC. It’s important to provide reasoning and disclosure. more
Viewed by 2826
View all 17 comments Below 17 comments
It's indeed a good point. public institution should disclose the details in public domain as the premier institution deals with public money. We had already experienced a financial disaster a couple of years ago that cost common people a lot. Wish LIC listens to public urge and responds well. more
Feb 02
We want good returns without risk? Has lic defaulted on some policies or not kept upto the assurance provided? Do you know where your mutual funds are invested? Would you put same questions to ICICI or Aviva ? more
Feb 02
Why was Ajay Dutta's post on Adani deleted??? Why is the government supporting Adani, just as it was supporting Nirav Modi and his uncle? Will the government take it up; that is why we need a strong opposition to combact whatever injustices are taking place in our country. more
Feb 02
