The Allegation: US$ 3.9 Billion Plan The Washington Post reported that Indian government officials in May 2025 had drafted and approved a plan for LIC to invest around US$ 3.4 billion in corporate bonds of the Adani Group and around US$ 507 million in equity stakes in Adani subsidiaries—totaling about US$ 3.9 billion. The report suggested the aim of this plan was to...