https://www.taxtmi.com/news?id=59731 Allegations assert the systematic misuse of LIC policyholders' funds through a May 2025 proposal to invest substantial LIC capital in a private conglomerate to signal confidence and attract investors, allegedly under pressure from finance agencies. The statement requests the Public Accounts Committee to investigate how investment decisions were made and whether executive bodies abused regulatory powers to favour that private group, citing related claims of misuse of enforcement agencies, rigged privatisation, preferential contracts, and corrupt invoicing practices. en-us Sat, 25 Oct 2025 11:16:03 +0530 Sat, 25 Oct 2025 11:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59731 Allegations assert the systematic misuse of LIC policyholders' funds through a May 2025 proposal to invest substantial LIC capital in a private conglomerate to signal confidence and attract investors, allegedly under pressure from finance agencies. The statement requests the Public Accounts Committee to investigate how investment decisions were made and whether executive bodies abused regulatory powers to favour that private group, citing related claims of misuse of enforcement agencies, rigged privatisation, preferential contracts, and corrupt invoicing practices. News - Sat, 25 Oct 2025 11:16:03 +0530 https://www.taxtmi.com/news?id=59731