The Opposition has sharply criticized the recent Hindenburg Research report, which has levelled serious allegations against Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (SEBI), and her husband.
The Congress party has further alleged that Prime Minister Narendra Modi is conspiring to protect Gautam Adani, whom they refer to as his"best friend." The Opposition has sharply criticized the recent Hindenburg Research report, which has levelled serious allegations against Madhabi Puri Buch , the chairperson of the Securities and Exchange Board of India , and her husband. The Congress party and other opposition leaders have called for an immediate investigation into these allegations .
Ramesh further questioned two 2022 meetings between Gautam Adani and Buch, which occurred shortly after she assumed her role as SEBI chairperson. He called for a Joint Parliamentary Committee to probe the matter thoroughly.The Congress party has further alleged that Prime Minister Narendra Modi is conspiring to protect Gautam Adani, whom they refer to as his"best friend.
Congress' media and publicity department head Pawan Khera said on Sunday that the shocking revelations of the Hindenburg Report do not just expose the"cozy relationship" between the SEBI chief and the Adani group, they show how appointments to watchdog institutions are made in this government. "A simple due diligence done by the government before appointing Ms Madhabi Puri Buch as SEBI Chairperson would have brought these damning details out," he said in a post on X. It would be naive to believe that those in the government were not aware of these offshore investments of Madhabi Puri Buch and Dhaval Buch, Khera said."The buck stops at the doorstep of the Prime Minister of India. Only a JPC can get all the answers," he asserted.
The new Hindenburg report and the Opposition's strong reactions have intensified the ongoing debate over the Adani Group's dealings and the role of regulatory bodies in India.
SEBI Chief Opposition Slams Madhabi Puri Buch SEBI Chief Allegations Allegations Adani Group Hindenburg Report Adani Group Opposition
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