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00:00You
00:30Oh
01:00Oh
01:30Oh
02:00Oh
02:30Oh
03:00You
03:05We have made an allegation against the state government
03:12The opposition in Kerala
03:14Made an allegation against the state government and a public sector
03:20Kerala Financial Corporation
03:22regarding the
03:24investment in NCD
03:26Daniel Ambani's company in 2018
03:30the KFC
03:31without
03:33getting permission from the board of directors
03:36They have invested
03:3960 crores and 80 lakhs
03:42Unfortunately the next year itself this company was liquidated and we lost
03:48nearly
03:50102 crores
03:53At the time of investment itself
03:56The company Anil Ambani's sister concerns were in trouble
04:01even then
04:02the KFC invested money on that
04:05this money was in a fixed deposit in a nationalized bank and
04:12The interest was
04:156.89
04:16The Anil Ambani's company the interest rate was 6.9 that company
04:23Doesn't didn't have any permission from the SEBI or
04:30Approval from the Reserve Bank of India
04:34And and financial company
04:37without getting the permission from the or approval from the
04:41RBI and SEBI
04:43Why the a public sector company invested money on that at the time of investment itself?
04:50Another sister concern of the Anil Ambani's company was in great trouble
04:57They were oh
04:5850 more than 50