Congress Demands JPC Probe Amid SEBI Allegations

The Congress has called for immediate government action and a Joint Parliamentary Committee (JPC) probe into allegations against SEBI Chairperson Madhabi Buch following Hindenburg Research's claims of her involvement in an Adani Group scandal. The party insists that Buch cannot continue in her role amid such serious accusations.

The Congress party has escalated calls for immediate government action following bombshell allegations against SEBI chairperson Madhabi Buch. The party reiterated its demand for a Joint Parliamentary Committee (JPC) probe into the Adani Group scandal.

Top Congress leaders are urging the Supreme Court to intervene, emphasizing that SEBI, the investigative body, is itself implicated in the controversy. They argue that SEBI's chairperson, Buch, should step down due to the severity of the accusations.

Hindenburg Research claims Buch and her husband had stakes in offshore funds linked to the Adani Group, allegations both vehemently deny. Despite the denials, the Congress maintains JPC and SC involvement are crucial for transparency.

(With inputs from agencies.)