TMC MP Mahua Moitra Files Complaint Against SEBI Chairperson

TMC MP Mahua Moitra has lodged a complaint with the Lokpal against SEBI Chairperson Madhabi Puri Buch, alleging quid pro quo arrangements that could threaten national interests. Moitra has requested a thorough investigation, referencing allegations by US short-seller Hindenburg Research concerning Buch's connections with Adani Group.

TMC MP Mahua Moitra has filed a complaint with the Lokpal against SEBI Chairperson Madhabi Puri Buch, citing potential quid pro quo arrangements that could jeopardize national interests.

Moitra emphasized the need for a thorough investigation, urging the Lokpal to refer the case to the CBI or ED within 30 days for a preliminary probe followed by a full FIR enquiry. She stressed that every involved entity must be summoned and all links examined.

This follows allegations by US short-seller Hindenburg Research, which claimed that Buch had stakes in offshore funds tied to the Adani Group—allegations dismissed as 'baseless' by both the SEBI head and the Adani Group.

(With inputs from agencies.)