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Madhabi’s response raises new critical questions: Hindenburg Research

IndiaTimes Sunday, 11 August 2024
Hindenburg Research responded to Madhabi Puri Buch and Dhaval Buch's release, which called their previous report character assassination. Hindenburg highlighted critical questions and admissions, including an email Buch sent in 2018 on behalf of her husband. They questioned Buch's investments through her husband while serving as a SEBI member and noted Buch's connection to a fund linked to Vinod Adani.
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News video: Hindenburg Strikes Again: New Report Says SEBI Chief Had Stake in Adani’s Offshore Deals| Watch

Hindenburg Strikes Again: New Report Says SEBI Chief Had Stake in Adani’s Offshore Deals| Watch 03:35

Hindenburg Research's latest report alleges that SEBI Chairperson Madhabi Buch and her husband held stakes in offshore entities linked to the Adani money siphoning scandal. Based on whistleblower documents, the report claims the couple opened an account with IPE Plus Fund 1 in Singapore in 2015,...

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