Summary
- Hindenburg Research accuses Sebi chairperson Madhabi Buch of a conflict of interest in not probing allegations against Adani Group due to her personal investments.
- Buch’s response raises new critical questions regarding her consulting clients and involvement in offshore funds linked to the Adani Group.
- The research firm questions the transparency and integrity of Buch’s financial dealings, including dormant consulting companies and husband’s associations with prominent clients.
- Political controversy erupts over the allegations, with demands for Buch’s resignation and calls for a joint parliamentary committee probe.
