Didn't transfer power employees' PF to DHFL during the SP regime: Akhilesh

Akhilesh also demanded the resignation of Uttar Pradesh Chief Minister Yogi Adityanath

Akhilesh Yadav
Press Trust of India Lucknow
1 min read Last Updated : Nov 05 2019 | 4:13 PM IST

Samajwadi Party chief Akhilesh Yadav on Tuesday trashed allegations that his regime transferred UP power employees' provident fund to scam-hit housing finance company DHFL.

"No EPF money of power employees was transferred to the DHFL during the SP regime," the former chief minister asserted at a hurriedly convened press conference here.

Making a fresh demand for a probe into the issue by a sitting Supreme Court or High Court judge, he also demanded the resignation of Uttar Pradesh Chief Minister Yogi Adityanath.

"Adityanath should step down. The CM is so weak that he cannot even ask state Power Minister Shrikant Sharma to resign," Akhilesh said.

Over Rs 2,600 crore of the state power employees' provident fund was reportedly invested in the scam-hit Dewan Housing Finance Corporation Limited, prompting the state government to order a CBI probe.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Provident FundAkhilesh YadavSamajwadi PartyDHFL

First Published: Nov 05 2019 | 2:40 PM IST

Next Story