<h1>Opposition demands Public Accounts Committee probe state insurer over alleged steering of policyholders' funds into private conglomerate</h1> A major opposition party has demanded Parliament's Public Accounts Committee investigate a state-owned insurer after a US daily reported internal documents suggesting the insurer was steered to invest large sums in a major private conglomerate following market losses. The insurer denied the allegations as false and said investments follow board-approved policies. The opposition alleges misuse of policyholders' savings and government pressure via finance ministry and planning bodies; regulator findings clearing the conglomerate of manipulation and prior legal interventions are referenced. The dispute centers on alleged impropriety in investment decisions and calls for parliamentary review.