Congress Demands Joint Parliamentary Committee Probe into SEBI's Investigation of Adani Group
In light of allegations by Hindenburg Research against SEBI Chairperson Madhabi Buch, the Congress has called for immediate government action to remove conflicts of interest in SEBI’s probe of the Adani Group. They demanded a Joint Parliamentary Committee to investigate the connections and alleged financial improprieties.
- Country:
- India
Following allegations made by Hindenburg Research against SEBI Chairperson Madhabi Buch, the Congress has demanded that the government take swift action to address perceived conflicts of interest in the regulatory body's investigation of the Adani Group.
The opposition party has reiterated its call for the formation of a Joint Parliamentary Committee (JPC) to explore the full extent of the alleged financial misdeeds.
Hindenburg Research's claims suggest that Buch and her husband had stakes in offshore funds linked to the Adani money scandal, prompting Congress to question the thoroughness of SEBI's investigation.
(With inputs from agencies.)
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- Congress
- SEBI
- Adani
- Hindenburg
- investigation
- allegations
- Madhabi Buch
- JPC
- regulation
- offshore funds
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