The Washington Post had claimed that Indian officials had drafted a proposal to channel approximately USD 3.9 billion (Rs 32,000 crore) from LIC into companies owned by the Adani Group.
He said such foreign reports should be ignored altogether. "Hindenburg, The Washington Post or any other foreign media should not be taken seriously. SEBI has not found anything wrong, and shareholders of LIC have the right to take up any issue, not foreign journals," he said.