Congress Demands SEBI Chief Buch's Resignation Over Conflict of Interest Allegations

The Congress party has called for the resignation of SEBI chairperson Madhabi Buch following a media report alleging conflicts of interest involving her and her husband's ties to private equity firm Blackstone. Congress demands a Joint Parliamentary Committee investigation into the Adani 'mega scam'.

The Congress on Saturday cited a media report which flagged alleged conflicts of interest against SEBI chairperson Madhabi Buch, insisting her continuance as the head of the capital markets regulator is ''untenable''.

Terming Buch's position 'untenable,' Congress demanded her resignation and a full Joint Parliamentary Committee (JPC) investigation into what they call the Adani 'mega scam'.

Congress general secretary in-charge communications Jairam Ramesh cited an article by The Morning Context, raising issues of alleged conflicts of interest involving Buch.

(With inputs from agencies.)