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Hindenburg Claims Sebi Chief Had Stake In Offshore Funds Linked To Adani Scandal
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US-based short-seller firm Hindenburg Research on Saturday claimed that whistleblower documents show Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch had a stake in the obscure offshore entities used in the "Adani money siphoning scandal".
"We had previously noted Adani’s total confidence in continuing to operate without the risk of serious regulatory intervention, suggesting that this may be explained through Adani’s relationship with Sebi Chairperson, Madhabi Buch," the Hindenburg report claimed.
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"We had previously noted Adani’s total confidence in continuing to operate without the risk of serious regulatory intervention, suggesting that this may be explained through Adani’s relationship with Sebi Chairperson, Madhabi Buch," the Hindenburg report claimed.
#HindenburgResearch, #SEBICheat, #OffshoreFunds, #AdaniScandal, #FinancialInvestigation, #RegulatoryFailure, #ConflictOfInterest, #IndianStockMarket, #CorporateGovernance, #FinancialMisconduct, #InvestmentScandal, #AdaniGroup, #SEBIInvestigation, #IndiaBusiness, #FinancialNews, #RegulatoryBody, #InvestorProtection, #MarketIntegrity
Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video.
All you need to do is PRESS THE BELL ICON next to the Subscribe button!
India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.
Stay tuned for latest updates and in-depth analysis of news from India and around the world!
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