LIC denies false reports by The Washington Post, reaffirming all investments are made with integrity and due diligence

LIC on Saturday denied false reports by The Washington Post , reaffirming that all investments are made with integrity and due diligence. In a post on its official X handle, the insurer posted the rebuttal to the article of The Washington Post. "The allegations leveled by the Washington Post that the investment decisions of LIC are influenced by external factors are false, baseless, and far from truth. No such document or plan as alleged in the article has ever been prepared by LIC, which creates a roadmap for infusing funds by LIC into Adani group of companies," LIC's X post reads.

LIC denies false reports by The Washington Post, reaffirming all investments are made with integrity and due diligence. #LIC #HarPalAapkeSaath #washingtonpost pic.twitter.com/RQ0N2AvBA1 — LIC In