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Hindenburg report: SEBI Chairperson Madhabi Buch, husband deny allegations
Credit: Mid-Day- Published on August 11, 2024
Shortly after US-based short-seller Hindenburg Research alleged that SEBI Chairperson Madhabi Buch and her husband had stakes in "both the obscure offshore entities used in the Adani money siphoning scandal," the couple issued a joint statement rejecting the allegations
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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