SEBI Chairman Denies Hindenburg Allegations

SEBI Chairman Madhabi Puri Buch and her husband, Dhaval Buch, have categorically denied allegations from Hindenburg Research about their involvement in Adani's money siphoning scandal. They emphasized that their finances are transparent and dismissed the claims as baseless. The couple is committed to full disclosure of their financial documents.

SEBI Chairman Madhabi Puri Buch and her husband, Dhaval Buch, have strongly denied allegations leveled by Hindenburg Research. The regulator chief called the claims baseless and asserted that their financial records are fully transparent.

In a formal response, the Buchs said allegations laid out in Hindenburg's report dated August 10, 2024, are unfounded. They expressed willingness to disclose all their financial documents to any probing authority.

Political fallout continues as the Congress party urged immediate action to eliminate conflicts of interest in SEBI's investigation of Adani Group, proposing a Joint Parliamentary Committee to probe the entire matter.