A series of allegations surrounding SEBI chairperson Madhabi Puri Buch has raised concerns about the market regulator’s credibility and integrity. However, her continued silence in response to these growing accusations, particularly from the Congress and other sources, may be worsening her situation.
Last month, American short-seller Hindenburg Research released a report accusing Buch of a conflict of interest, alleging that both she and her husband, Dhaval Buch, held stakes in obscure offshore entities. In the weeks following, the Congress leveled several more allegations against her. Today, Hindenburg commented on X (formerly Twitter), stating, “Buch has remained completely silent for weeks on all the emerging issues.” This followed the initial report that specifically targeted her and her husband
A series of allegations surrounding SEBI chairperson Madhabi Puri Buch has raised concerns about the market regulator’s credibility and integrity. However, her continued silence in response to these growing accusations, particularly from the Congress and other sources, may be worsening her situation.
Last month, American short-seller Hindenburg Research released a report accusing Buch of a conflict of interest, alleging that both she and her husband, Dhaval Buch, held stakes in obscure offshore entities. In the weeks following, the Congress leveled several more allegations against her. Today, Hindenburg commented on X (formerly Twitter), stating, “Buch has remained completely silent for weeks on all the emerging issues.” This followed the initial report that specifically targeted her and her husband
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