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Hindenburg report links Sebi chief Madhabi Puri Buch to 'offshore funds used in Adani scandal': 10 points

DNA Sunday, 11 August 2024 ()
Hindenburg claimed in a blog post that Buch and her husband, Dhaval Buch, held stakes in 'obscure offshore funds' tied to the Adani scandal
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Video Credit: Oneindia - Published
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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Madhabi Puri Buch Madhabi Puri Buch Indian businesswoman and Chairperson of SEBI (born 1966)

Who is Madhabi Puri Buch? SEBI Chairperson named in Hindenburg report

In January 2023, Hindenburg published a report accusing the Adani Group of financial irregularities, leading to a significant drop in the company's stock price.
DNA

'In true Adani style...': Opposition hits out against SEBI chair Madhabi Buch over new Hindenburg report

Hindenburg Research claimed it made the new allegations based on documents provided by a whistleblower and investigations carried out by other entities.
DNA

'Our finances are an open book': Sebi chief Madhabi Buch, husband deny Hindenburg allegations

Sebi chairperson Madhabi Puri Buch has denied the allegations levied by the US short-seller Hindenburg Research in its latest report
DNA

Securities and Exchange Board of India Securities and Exchange Board of India Regulatory body for securities in India


Adani Group Adani Group Indian multinational conglomerate

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Hindenburg claimed that Buch and her husband, Dhaval Buch, held stakes in 'obscure offshore funds' tied to the Adani scandal
DNA