Sebi Chairman and Spouse Refute Hindenburg Allegations

Sebi Chairman Madhabi Puri Buch and her husband have denied allegations from Hindenburg regarding their involvement in offshore funds connected to the Adani scandal. They termed the accusations baseless, stating their finances are transparent and all required disclosures have been made. They are willing to share further financial documents if necessary.

Sebi Chairman Madhabi Puri Buch and her husband firmly denied allegations made by Hindenburg, labeling them as groundless. The Buchs asserted their financial transparency, emphasizing that all required disclosures have been made over the years.

The allegations, stemming from a Hindenburg report citing undisclosed offshore funds linked to the Adani Group, were dismissed by the Buchs as false. They pledged to release a detailed statement and provide any financial documents requested by authorities.

In response, opposition party Congress called for immediate action by the Centre and suggested forming a Joint Parliamentary Committee to investigate the alleged conflicts of interest in SEBI's probe into the Adani Group.