look news india
Rahul Gandhi on Hindenburg: After Hindenburg's allegations against the SEBI chief, now the Leader of Opposition in the Lok Sabha Rahul Gandhi has also attacked the government. Rahul Gandhi said on Sunday that the allegations against the SEBI chairman have seriously compromised the integrity of the institution and asked whether the Supreme Court will again take suo motu cognizance of the matter.
Earlier, American research and investment firm Hindenburg had expressed doubts in its report released on Saturday night that SEBI's reluctance to take action against the Adani Group may be due to the stake of its chief Madhavi Buch and her husband Dhawal Buch in the Adani Group's overseas funds. In a post on X, Rahul Gandhi said, “The integrity of SEBI, which is responsible for protecting the wealth of small retail investors, has been seriously affected by the allegations against its chairman.
Many questions in the minds of investors: Rahul
Rahul Gandhi said that honest investors across the country have many questions for the government, such as why has SEBI Chairperson Madhavi Puri Buch not resigned yet? If investors lose their hard-earned money, who is responsible – Prime Minister Narendra Modi, SEBI Chairman or Gautam Adani?
SEBI chief rejected the allegations
Here, after Hindenburg's allegations, SEBI chief Madhavi Puri Buch and her husband said on Sunday that the US company Hindenburg Research is trying to attack the credibility of SEBI and defame the character of the chairman. However, the Adani Group termed the new allegations as malicious and selective tampering with public information and said on Sunday that it has no business relationship with the chairman of market regulator SEBI or her husband.
