The Life Insurance Corporation of India (LIC) on Tuesday issued a fresh statement denying allegations made by The Washington Post that the government directed it to invest billions in the Adani Group.

"LIC categorically clarifies that the documents mentioned have not been issued by LIC, nor have any such documents been received by LIC. Furthermore, LIC has not received any instructions from the Government regarding investments in any entity under this group," the insurer said. Advertisement

This marks LIC's second denial in three days. On Sunday, the state-owned insurer had already rejected the claims, describing them as "far from the truth."

The Washington Post published a report on Saturday claiming access to "documents from LIC and the Department of Financial Services (DFS)" suggest

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