'In true Adani style...': Opposition hits out against SEBI chair Madhabi Buch over new Hindenburg report

Credit: DNA- Published on August 11, 2024
Hindenburg Research claimed it made the new allegations based on documents provided by a whistleblower and investigations carried out by other entities.

Video credit: Oneindia
Published on August 12, 2024 -  03:10
Rahul Gandhi Blasts SEBI: Accuses Regulator of Deep Corruption Amid Hindenburg’s Revelations
In a dramatic escalation of his critique, Rahul Gandhi has accused SEBI of severe corruption following revelations by Hindenburg Research. The Congress leader claimed that the integrity of the Securities and Exchange Board of India (SEBI) has been "gravely compromised" by allegations involving SEBI Chairperson Madhabi Puri Buch and her husband. Hindenburg’s report alleges ties between Buch and offshore funds linked to the Adani Group’s controversial activities. Gandhi's accusations intensify the scrutiny on SEBI and the broader implications for India’s financial oversight, raising urgent questions about accountability and transparency. #RahulGandhi #SEBI #Corruption #HindenburgReport #MadhabiBuch #AdaniScandal #FinancialIntegrity #RegulatoryOversight #IndiaPolitics #CongressParty #InvestorProtection #FinancialTransparency #MarketRegulation #PoliticalAccountability #PublicTrust ~HT.318~PR.274~GR.122~ED.141~

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Adani Group

Indian multinational conglomerate
Congress president Mallikarjun Kharge has accused Prime Minister Narendra Modi of compromising SEBI's integrity to protect his allies, particularly in the Adani..
Credit: IndiaTimes - Published 3 hours ago


Madhabi Puri Buch

Indian businesswoman and Chairperson of SEBI (born 1966)
Congress has demanded an independent inquiry into the matter.
Credit: DNA - Published 5 days ago

SEBI's management has rejected these claims of a "toxic" work culture, which were raised in the employees' complaint letters to the Union Finance Ministry.
Credit: DNA - Published 5 days ago

At a press conference, Pawan Khera accused Buch, who joined SEBI in 2017 and became its chairperson in 2022
Credit: DNA - Published 1 week ago


Hindenburg Research

American short-selling activist firm

Securities and Exchange Board of India

Regulatory body for securities in India
The officials claim that their concerns were ignored by management, leading them to seek intervention from the finance ministry.
Credit: DNA - Published 6 days ago


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