TMC Leader Calls For SEBI Chair's Examination Amidst Allegations

Trinamool Congress leader Saugata Roy has called for SEBI chairperson Madhabi Puri Buch to be summoned before the Parliament's Public Accounts Committee (PAC) to address allegations of conflict of interest. BJP leader Nishikant Dubey opposed the move, citing procedural rules. The PAC will decide upon this request amidst political tensions.


Devdiscourse News Desk | New Delhi | Updated: 10-09-2024 17:15 IST | Created: 10-09-2024 17:15 IST
TMC Leader Calls For SEBI Chair's Examination Amidst Allegations
Saugata Roy
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Trinamool Congress (TMC) leader Saugata Roy on Tuesday demanded that SEBI chairperson Madhabi Puri Buch, who is facing allegations of conflict of interest, should be summoned before the Parliament's Public Accounts Committee (PAC), according to sources.

The request emerged during a meeting to assess the performance audit of the Jal Jeevan Mission. However, BJP leader Nishikant Dubey opposed this demand, arguing that such a move violates committee regulations, sources said.

Quoting Dubey, sources mentioned that the CAG principal auditor is restricted from auditing SEBI without central government authorization, leading to a debate on procedural norms. The decision on Roy's demand lies with PAC's chairman, K C Venugopal.

(With inputs from agencies.)

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