NEW DELHI: Congress president
on Sunday said PM
Narendra Modi had, as chief minister of
Gujarat, commissioned a project with beleaguered IL&FS group which has yielded no work till date, adding that he was now seeking to use the common man’s money to bail out the firm. He asked Modi if IL&FS to him meant “I love financial scams”.
The aggression followed a week-long attack by the Congress over the mess in the infrastructure financing firm, calling it a sign of Modi government’s poor management of the economy.
Congress spokesman
Manish Tewari, likening the IL&FS mess to the fall of
Lehman Brothers in the US which triggered the global economic recession, called for a special audit to
unearth mismanagement in the firm.
“This is why IL&FS financials need to be forensically audited as management, principal shareholders and the NDA-BJP government are unwilling to address the ₹42,000 crore question.
₹42,000 crore was disbursed in past four years. Nobody knows where the money disappeared,” he said.
The Congress chief asked why Modi was so keen to use LIC’s money to save IL&FS, “his favoured company” which is set to run aground.
Rahul Gandhi (file photo)
