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'Hindenburg attacking Sebi's credibility, indulging in...': Sebi chief Madhabi Buch, husband Dhaval's statement
Credit: DNA- Published on August 11, 2024
The Buchs said their investment in a fund promoted by IIFL Wealth Management was as Singapore-based private citizens, and made two years before Madhabi joined Sebi as a whole-time member.
Video credit: Oneindia
Published on August 11, 2024 - 03:27
Hindenburg vs. SEBI: Madhabi Buch Fire Back, Denounce Allegations and Promise Full Transparency!
SEBI Chairperson Madhabi Buch and her husband, Dhaval Buch, have firmly denied allegations made by Hindenburg Research, which accused them of holding stakes in offshore entities tied to the Adani money siphoning scandal. In a joint public statement, the Buchs dismissed the claims as "baseless" and accused Hindenburg of attempting character assassination. They have vowed full transparency, stating that their financial records are open for scrutiny and promised a detailed rebuttal to the allegations soon. Watch this video for a complete overview of the controversy and the Buchs' response.
#SEBI #MadhabiBuch #HindenburgResearch #AdaniScandal #FinancialTransparency #OffshoreAllegations #CharacterAssassination #BreakingNews #IndiaEconomy #BuchResponse
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