madhabi buch

Congress has accused Sebi chief Madhabi Puri-Buch of making high-value investments in Chinese firms during geopolitical tensions and trading in listed securities with unpublished price-sensitive information. Buch and her husband issued a statement denying any conflict of interest involving Agora Advisory Pvt, Mahindra Group, Dr Reddy's, Pidilite, among others.

Congress has raised concerns over ICICI Bank's retiral benefits to Madhabi Puri Buch, questioning how these could exceed her average salary during employment. They also allege non-compliance with Income Tax laws regarding TDS on ESOPs. ICICI Bank asserts that all payments followed ESOP rules and tax regulations, including post-retirement benefits.

Rahul Gandhi criticized SEBI Chairperson Madhabi Puri Buch for not appearing before the Parliament's Public Accounts Committee, suggesting she was being shielded from accountability. The PAC meeting was postponed after Buch informed the committee of her inability to travel to Delhi.

Delhi Congress staged a protest at Jantar Mantar calling for SEBI chief madhabi buch's resignation and the formation of a joint parliamentary committee to investigate the Adani matter.

Madhabi Puri Buch made history as SEBI's first female chairperson, youngest appointee, and first person from the private sector on March 1, 2022. With a diverse career, including executive roles at ICICI Bank and international consultancies, Buch has driven reforms at SEBI. Recently, she and her spouse refuted accusations from Hindenburg Research, emphasizing transparency in their investments.

Congress has leveled corruption allegations against Sebi chief Madhabi Puri-Buch, claiming she rented her property to a company regularly dealing with Sebi. Congress leader Pawan Khera pointed out that Buch received substantial rent from Carol Info Services Limited, part of Wockhardt. The party also questioned Prime Minister Modi's inaction on the matter.

The Lokpal has cleared former Sebi chairperson Madhabi Puri Buch of corruption allegations stemming from a Hindenburg Research report. The anti-corruption ombudsman deemed the complaints "untenable" and lacking credible evidence. Buch and her husband had previously refuted claims of involvement in the 'Adani money siphoning scandal', dismissing them as baseless.

Major questions are raised about the SEBI Chairperson's conflict of interest in the Supreme Court-approved Adani Group probe. Allegations include income from ICICI while adjudicating their complaints and undisclosed ESOP benefits. The government is being urged to clarify these issues, emphasizing transparency in regulatory bodies.

Congress has leveled accusations against Sebi chief Madhabi Puri-Buch, alleging her spouse received Rs 4.78 crore from Mahindra and Mahindra while she arbitrated cases involving the group. They also claim Buch owns a significant stake in Agora Advisory Pvt, which provides consultancy services to multiple companies including M&M.

Sebi chairperson madhabi buch is to appear before the Public Accounts Committee (PAC) of Parliament on Thursday for a performance review. Despite BJP's protest, she will address questions linked to allegations of financial misconduct and conflict of interest amid political tensions. Buch had sought an exemption from the PAC but was denied.

Madhabi Puri Buch, SEBI chairperson, and her husband, Dhaval Buch, denied allegations by Hindenburg Research regarding their involvement in offshore entities tied to the Adani Group scandal. The couple also expressed their disappointment and accused Hindenburg of resorting to character assassination in response to the regulatory measures. They emphasized that their life and finances are transparent and that they have consistently provided all necessary disclosures to SEBI over the years.

Rahul Gandhi accuses SEBI chief Madhabi Puri Buch of protecting Adani's interests by manipulating the stock market and failing to safeguard retail investors. He questions who is protecting Buch, amid allegations of corruption and cronyism favoring business monopolies in India.

Sebi chief Madhabi Puri Buch and her husband, Dhaval Buch, refuted allegations from Hindenburg Research about their involvement in offshore entities linked to an Adani scandal. They emphasized their financial decisions were taken as private citizens and disclosed all required details to relevant authorities. SEBI addressed the allegations independently, while Buch criticized Hindenburg for not addressing regulatory concerns.

The Financial Services Commission of Mauritius responded to allegations by Hindenburg Research of using Mauritian shell companies and labeling the country a "tax haven." The FSC stated that Mauritius follows strict international practices, does not license the named funds, and emphasized compliance with OECD standards. The Adani Group and SEBI Chairperson madhabi buch denied any connection to the allegations. This statement comes in response to Hindenburg's allegations of complex offshore structures involving these funds and their connection to Vinod Adani and the current SEBI Chairperson, madhabi buch.

Madhabi Puri Buch, Sebi chief, and her husband Dhaval have issued a detailed rebuttal against Congress Party's allegations of conflict of interest. They clarified relationships with entities like ICICI Bank and Pidilite, stating that the accusations were based on illegally obtained income tax returns and maliciously distorted facts to mislead the public.

Rahul Gandhi raised concerns over SEBI's integrity due to allegations against its chairperson, madhabi buch, by Hindenburg Research. These claims suggest Buch and her husband have stakes in funds linked to an Adani scandal. Gandhi questioned the government's accountability and urged the Supreme Court to reconsider the case. He also implied a connection between M Modi's resistance to a Joint Parliamentary Committee (JPC) probe and these allegations.

Wockhardt has firmly denied allegations of improper rent payments involving Carol Info Services and disputed claims linking it to certain SEBI orders. Congress media head Pawan Khera raised concerns about SEBI Chairperson madhabi buch receiving rental income from Carol Info Services. Wockhardt was under SEBI's scrutiny for insider trading in 2023.

Trinamool Congress MP Mahua Moitra has filed a complaint with the Lokpal against SEBI Chairperson Madhabi Puri Buch, alleging improper conduct and quid pro quo arrangements. The complaint highlights Buch's alleged misconduct during her tenure at SEBI and raises concerns about her financial ties with ICICI Bank and Greater Pacific Capital, urging an investigation under the Prevention of Corruption Act.

BJP leader Kangana Ranaut criticized Rahul Gandhi for endorsing the latest Hindenburg Report against Sebi chief madhabi buch. She accused Gandhi of trying to destabilize national security and economy. BJP spokesperson Nalin Kohli also rebuked Gandhi's stance. The Sebi chief and her husband denied the allegations made by Hindenburg, defending their credibility and rejecting the claims.

Congress has condemned SEBI's refusal to reveal instances where Chairperson madhabi buch recused herself due to conflicts of interest, citing resource constraints and personal safety concerns. The Congress argues that this undermines public accountability and transparency, adding fuel to ongoing allegations against Buch regarding potential conflicts of interest involving the Adani group.

ICICI Securities MD and CEO Madhabi Puri-Buch will go on a sabbatical and Anup Bagchi will lead the company from May 1.

Cases where Sebi chairperson Madhabi Puri Buch recused herself due to potential conflict of interest are not "readily" available and collating them would "disproportionately divert" resources, Sebi said Friday in an RTI response.

ICICI Bank has denied Congress party claims that SEBI Chairperson Madhabi Puri Buch received regular payments from the bank and its asset management arm during her tenure. The allegations point to a conflict of interest. The bank clarified that any payments after her retirement were related to benefits accrued during her employment, not new compensation.

The Bombay High Court stayed a special court's order for an FIR against ex-SEBI chairperson Madhabi Puri Buch and five others for alleged regulatory violations. Justice Shivkumar Dige highlighted the lack of specific allegations. Four weeks are given for a reply affidavit. The case involves allegations of fraud related to a 1994 BSE company listing.

Congress President Mallikarjun Kharge accuses PM Narendra Modi of protecting Sebi chairperson Madhabi Puri Buch amid malpractice allegations, claiming Modi jeopardizes small investors' financial security and engineered a monopoly for Adani. Kharge and Congress leaders demand a Joint Parliamentary Committee probe into Sebi's integrity under Buch's leadership.