‘This is how appointments are made in monitoring institutions?’, Opposition asks sharp questions to Center on Hindenburg Report

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After the latest report of American short seller firm Hindenburg, the opposition is attacking the central government and businessman Gautam Adani. Leaders of other opposition parties including Congress have targeted the Modi government regarding this report. Meanwhile, Congress MP Shashi Tharoor said that the allegations against the SEBI chief and her husband are serious. I don’t know the details. But such allegations should be thoroughly investigated.

Mahua Moitra also raised questions

Trinamool Congress MP Mahua Moitra said that SEBI chairperson being an investor in Adani Group is both a conflict for SEBI and a capture of SEBI. It is no surprise that all the complaints sent to SEBI go unheard. Mahua Moitra wrote in another tweet that any investigation being conducted by SEBI on Adani under the leadership of this chairperson cannot be trusted. After this information becomes public, the Supreme Court should reconsider its decision. Tagging CBI and ED, he has written whether you people will file POCA and PMLA cases or not.

What did Jairam Ramesh say?

Congress leader Jairam Ramesh wrote, ‘SEBI’s strange reluctance to investigate the Adani Mega Scam has been seen for a long time. The truth is that the collusion of the country’s highest officials is needed for a thorough investigation of the ‘Adani Mega Scam’. This can be done only by constituting JPC.

Pawan Kheda made these allegations

Meanwhile, Congress MP Manish Tewari said, ‘Some revelations have been made by Hindenburg Research, which should be investigated impartially. This matter should be properly investigated by the Joint Parliamentary Committee. At the same time, Pawan Kheda said that these shocking revelations of the report not only expose the cozy relationship between the SEBI chief and the Adani Group, but they also show how appointments are made in monitoring institutions in this government.

Priyanka Chaturvedi also said attack

Shiv Sena (UBT) Priyanka Chaturvedi posted on X, ‘We now know why no reply was given to our letters and why they were not taken into consideration. Everyone is naked in the hammam.

This claim has been made in the report

On Saturday evening, Hindenburg Research made another post on its website and shared a report related to this revelation. Hindenburg has claimed in this report that there is a link between Adani Group and SEBI Chief. Hindenburg Research has alleged that documents obtained from the whistleblower reveal that SEBI Chairman Madhabi Puri Buch had a stake in the offshore entities used in the Adani money siphoning scandal.

Also read: How is the Hindenburg Report prepared? After Adani, now SEBI Chief is its target… Know the story of its owner Nathan Anderson

What did SEBI chief say on the allegations?

Rejecting all these allegations made by the American short seller, SEBI chairperson Madhabi Puri Buch and her husband Dhaval Buch said in a statement issued early on Sunday morning that the allegations made in the Hindenburg report on August 10 They are baseless and contain no truth of any kind. Our life and finances are like an open book. Whatever information we needed to make, all that information has been given to SEBI over the years.

Madhabi Puri Buch further said that we have no hesitation in disclosing any financial documents, including those which relate to the period when we were completely ordinary citizens. Any officer can ask for these. SEBI Chief further said in his statement that it is unfortunate that Hindenburg Research, against which SEBI has taken enforcement action and issued a show cause notice, has now tried to assassinate our character in response to the same. He said that we will issue a detailed statement in due course with full transparency.

What is special in Hindenburg’s report?

It is noteworthy that in a blog post, 18 months after Hindenburg did his research report on Adani Group Chairman Gautam Adani, he has made not one but many serious allegations against the SEBI Chief and her husband. In this, the Hindenburg Research report claims that SEBI chairperson Madhabi Puri Buch and her husband Dhaval Buch took stake in the funds of Bermuda and Mauritius, which are tax haven countries and these two funds were used by Gautam Adani’s elder brother Vinod Adani. Also did it.

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