Congress Demands SEBI Chief's Resignation Amid Adani Scandal

The Congress announced a nationwide agitation on August 22, demanding SEBI Chief Madhabi Puri Buch's resignation and a Joint Parliamentary Committee probe into the Adani issue. The party claims a nexus between SEBI and Adani compromised small investors' money, urging immediate government action.

Congress Demands SEBI Chief's Resignation Amid Adani Scandal
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  • India

Amid the escalating controversy over Hindenburg allegations, the Congress has announced a nationwide protest on August 22, demanding the resignation of SEBI Chief Madhabi Puri Buch and a Joint Parliamentary Committee probe into the Adani issue.

Congress President Mallikarjun Kharge made the announcement after a high-level meeting with party officials to prepare for upcoming assembly polls and address national issues. Kharge highlighted the alleged nexus between SEBI and Adani, calling for thorough investigations to protect small investors' interests.

The BJP has countered these demands, accusing the opposition of creating financial instability. SEBI and the Adani Group dismissed the accusations as baseless, claiming full transparency and cooperation in ongoing investigations.

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