New Delhi (PTI): The Congress on Saturday alleged that the savings of Life Insurance Corporation's 30 crore policyholders were “systematically misused” to benefit the Adani Group and demanded that Parliament's Public Accounts Committee investigate how LIC was “forced” to make investments in the conglomerate.

There was no immediate response from the Adani Group or the government on the Congress' allegations.

Congress general secretary in-charge of communications Jairam Ramesh said disturbing revelations have just emerged in the media about how the "Modani joint venture systematically misused the Life Insurance Corporation of India (LIC) and the savings of its 30 crore policyholders".

"Internal documents reveal that Indian officials drafted and pushed through a proposal to invest about Rs

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