Congress seeks JPC probe into IDBI Bank sale, alleges financial irregularities and opaque valuation

New Delhi, Nov 2 (UNI) The Congress, on Monday, stepped up its opposition to the proposed privatisation of IDBI Bank, accusing the Narendra Modi government of pushing through a controversial sale to Canadian financial services company Fairfax Financial Holdings amid alleged financial irregularities, questionable valuation practices and lack of transparency. Demanding an immediate suspension of the disinvestment process, the party called for a Joint Parliamentary Committee (JPC) investigation into the entire transaction. Addressing a press conference, Congress spokesperson and former Rajya Sabha MP Shaktisinh Gohil alleged that the proposed acquisition raised serious questions about the source of funds being used…