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Sebi: Have mechanisms to fix conflict of interest issues
Credit: IndiaTimes- Published on August 11, 2024
The markets regulator Sebi dismissed allegations by Hindenburg Research about conflict of interest involving its chairperson, stating that adequate internal mechanisms were in place. Sebi emphasized its actions against Adani Group, highlighted completed investigations, and negated claims of regulatory changes favoring Blackstone....
Video credit: Oneindia
Published on August 10, 2024 - 03:35
Hindenburg Strikes Again: New Report Says SEBI Chief Had Stake in Adani’s Offshore Deals| Watch
Hindenburg Research's latest report alleges that SEBI Chairperson Madhabi Buch and her husband held stakes in offshore entities linked to the Adani money siphoning scandal. Based on whistleblower documents, the report claims the couple opened an account with IPE Plus Fund 1 in Singapore in 2015, declaring their net worth at $10 million. These allegations suggest a potential conflict of interest, as the entities reportedly use the same complex structure as those associated with Vinod Adani, raising questions about regulatory oversight.
#MadhuriBuch #GautamAdani #AdaniAmbani #HindenburgReport #SEBI #SEBIScandal #Hindenburgnews #Adani #Oneindia #Oneindianews
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