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Hindenburg's big claim: New report alleges SEBI chief had stake in offshore entities linked to...
Credit: DNA- Published on August 10, 2024
Hindenburg claimed that SEBI Chief Madhabi Puri Buch had stakes in offshore funds used in this scandal
Video credit: Oneindia
Published on August 10, 2024 - 03:35
Hindenburg Strikes Again: New Report Says SEBI Chief Had Stake in Adaniโs 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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