Brief by Shorts91 Newsdesk / 08:17am on 06 Sep 2024,Friday India
The Congress has accused Sebi chairperson Madhabi Puri Buch of a potential conflict of interest, alleging she received rent from a Mumbai-based company whose sister concern was under investigation by Sebi. This new charge adds to the opposition party's criticism of Buch's tenure. The Congress claims Buch's actions raise questions about her impartiality in regulating the markets. Sebi has been probing the company's sister concern for alleged regulatory violations. The Congress is demanding a thorough investigation into Buch's dealings and calling for her resignation. The allegations have sparked a fresh controversy surrounding Buch's leadership at Sebi.
