Former LIC Chief Denies Government Influence on Adani Group Investments, Challenges Washington Post Claims

Oct 26, 2025 03:31 pm CST

Former LIC chairperson Siddhartha Mohanty has refuted The Washington Post's allegations about government influence on the insurer's Adani Group investments. Both Mohanty and LIC officially denied the claims, stating all investment decisions are made independently following thorough due diligence processes, without external interference from government bodies.