'Baseless & Misleading': LIC Denies Washington Post Report Over $3.9 Billion Investments

LIC issued a clarification on its social media profiles, denying the allegations made in a recent Washington Post report that claimed the government influenced its investment decisions. LIC stated that the newspaper’s allegations—which had suggested government influence over approximately $3.9 billion worth of investments—are “false, baseless, and far from the truth.”

#lic #insurance #washingtonpost #licnews

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