Sebi: Have mechanisms to fix conflict of interest issues
Sunday, 11 August 2024 () The markets regulator Sebi dismissed allegations by Hindenburg Research about conflict of interest involving its chairperson, stating that adequate internal mechanisms were in place. Sebi emphasized its actions against Adani Group, highlighted completed investigations, and negated claims of regulatory changes favoring Blackstone. Sebi's response followed a show-cause notice issued to Hindenburg over illegal gains.
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,...
Rahul Gandhi has ignited a political storm by endorsing a new report from Hindenburg Research, alleging a conflict of interest involving SEBI Chairperson Madhabi Puri Buch. In response, BJP MP Kangana..
Sunday, 11 August 2024 ()
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