Political Storm Erupts Over Hindenburg Allegations Against SEBI Chairperson

Allegations by US short seller Hindenburg against SEBI Chairperson Madhabi Buch and her husband have drawn fierce political responses. Opposition parties have criticized PM Modi, alleging favoritism towards the Adani Group. SEBI Chairperson and her husband have denied all accusations, calling them an attempt at character assassination.

The allegations by US short seller Hindenburg against SEBI Chairperson Madhabi Buch and her husband have ignited sharp political reactions. Opposition parties have lashed out at the Modi government, with claims of favoritism toward the Adani Group.

Samajwadi Party spokesperson Ghanshyam Tiwari criticized PM Modi, stating that his tenure will be known as 'Adani-waad'. He expressed concerns over the Adani Group's significant influence over India's economic system, suggesting it's the government's primary motive.

Both Madhabi Puri Buch and her husband have dismissed the allegations, accusing Hindenburg of character assassination. They have stated their lives and finances are transparent and all necessary disclosures have been made.