Indian former cricketer and also an ardent supporter of PM Modi, Virender Sehwag, recently stirred controversy with a deleted tweet about Prime Minister Narendra Modi’s promotion of PSU (Public Sector Unit) banks.
Sehwag’s tweet highlighted a problem faced by his staff member who invested heavily in three PSU banks after Modi and the BJP encouraged people to invest in these banks before the 2024 elections.
Sehwag’s staff member, a fan of Modi, invested around 80 lakhs (8 million rupees) in Canara Bank, Bank of Baroda, and Union Bank, based on Modi’s positive comments.
Despite the overall market performing well, these bank stocks have significantly dropped in value, causing financial distress for Sehwag’s staff members.
Sehwag expressed frustration about the discrepancy between the government’s optimistic statements and the actual performance of these stocks.
He questioned if the government’s encouragement was misleading, which led to the deletion of his tweet.
The removal of the tweet sparked a debate online, with some accusing Sehwag of backing down from criticizing the government and others urging him to repost his concerns.
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