Par panel meet: Cong MPs demand summoning of SEBI chief, other officials on Adani-Hindenburg issue; BJP members oppose
Congress MPs on Wednesday sought examining of SEBI and RBI chiefs, officials of the Ministry of Corporate Affairs and other regulatory bodies by a parliamentary panel on finance to ascertain whether there were any failures on their part on the Adani issue.
Manish Tewari of the Congress raised the demand during a meeting of the Parliamentary Standing Committee on Finance but BJP members opposed it saying the issue was sub-judice. Tewari was supported by party colleagues Gaurav Gogoi and Pramod Tiwari, TMC MP Saugata Roy and BJD's Pinaki Misra and Amar Patnaik during the meeting, sources said.
They added that BJP MPs Ravi Shankar Prasad, SS Ahluwalia and Sushil Kumar Modi strongly opposed the demand saying the issue is sub-judice as the Supreme Court is looking into the issue and has set up a committee in this regard.
The sources said Tewari stated that the chiefs of SEBI, RBI and other regulatory agencies were required to be examined to ascertain whether there was any regulatory failure on the Adani group share meltdown on Indian stock markets after the Hindenburg report came out.
Committee chairman Jayant Sinha asked the Congress members to give in writing their demand, the sources said, adding that the opposition members said this was part of the panel's work to oversee the regulatory framework.
When contacted, Sinha said, ''Some honourable members brought up a specific matter that is currently being evaluated through the SC expert committee it was agreed let the SC process be concluded.'' The issue was discussed for over an hour but remained inconclusive.
The Finance Committee met in Parliament complex to get a briefing by the representatives of Ministry of Statistics and Programme Implementation on the subject 'Issues related to MPLAD Scheme' and for consideration and adoption of draft reports on Demands for Grants (2023-24).
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Ambassador Ruchira Kamboj receives Dag Hammarskjold Medal in honour of 3 Indian UN peacekeepers who died in DRC and Iraq
Indian national jailed for cheating Singapore construction company of SGD 5.1 million
Indian manufacturing can meet US demands as it looks beyond China: Indian-American entrepreneur
India likely to see listing of four REITs in next 18 months; property stalwart Anshuman Magazine bullish on Indian prosperity
Why does Congress 'hate' Indian culture so much: Amit Shah on Sengol controversy